Spain and Egypt study creation of high-speed corridor between cities of Cairo and Luxor

These studies could be financed under the Fund to Internationalise Business (Spanish acronym: FIEM) managed by the Ministry for Economic Affairs.

The MOU signed on Thursday will be the first step in developing technological co-operation between the two countries.

The Egyptian Government is greatly interested in modernising the railway system in the country and, in particular, in boosting high-speed travel. Spain, in turn, offers recognised international experience and know-how in high-speed railways.