EGYPT: The Ministry of Transportation has signed a memorandum of understanding with China Railway Construction Corp for the construction of Cairo metro Line 6.
Construction of the 24 km line is expected to cost US$3·5bn, with the financing still to be negotiated.
Meanwhile, the European Investment Bank has signed a €200m loan agreement with the Egyptian government. This is the second tranche of a €600m loan that will be used towards construction of the third phase of Cairo metro Line 3.
EGYPT: The European Bank for Reconstruction & Development has agreed to provide a €100m loan to the National Authority for Tunnels, which will support the procurement of 13 trainsets to be used on Line 2 of the Cairo metro. The supplier would also maintain the trains, which are intended ...
EGYPT: National Authority for Tunnels has awarded Alstom a €15m contract to supply signalling for the new depot on Cairo metro Line 1. Alstom is to supply computer-based interlocking, SCADA systems for traffic and traction power supplies, and telecommunications to support fire detection, phones and CCTV systems. The fit-out ...
EGYPT: The first Hyundai Rotem trainset on Cairo metro Line 1 has entered passenger service. This is four weeks ahead of the original schedule, as the National Authority for Tunnels was sufficiently satisfied with the results of test running, which started in March. The NAT signed an E£2·16bn contract ...
