Cairo monorail contract signed

摘要

BOMBARDIER, Orascom Construction and Arab Contractors have signed an agreement with Egypt's National Authority for Tunnels in Cairo to design and build two new monorail lines to connect East Cairo with the New Administrative Capital and 6th October City with Giza. The consortium, which was named as preferred bidder in May, will also be responsible for the operation and maintenance (O&M) of both lines for 30 years. The total value of the design, build and O&M contract exceeds $US 4.5bn. Bombardier's share is worth $US 2.85bn while Orascom Construction's share is close to $US 900m.