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News » International » Bombardier signs deal for $4bn Cairo metro line » published 13 Jul 2017

Bombardier signs deal for $4bn Cairo metro line

Egypt’s minister of transport has signed a memorandum of understanding with Bombardier to begin preparatory work for a US$4bn (£3.1bn) metro line in Cairo.

The agreement for the city’s sixth line covers the preparation of studies and designs for the line, construction and finance as well as the supply of vehicles and systems. Half of the 24 stations are expected to be in tunnels.

The role of local manufacturing is emphasised in the agreement, which sets a percentage of at least 40% of the project value for work awarded to local businesses.     

 

 

MPU

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This article was published on 13 Jul 2017 (last updated on 13 Jul 2017).

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