Bombardier Transportation selected for £3.88bn monorail system in Egypt

WCN Editorial Team 29 May 2019 EUROPE TRANSPORT INFRASTRUCTURE

Train and plane manufacturer Bombardier Transportation has been selected as preferred bidder by the Egyptian Government to build and supply a €3bn (£2.6bn) monorail system in Cairo, Egypt.

The new monorail system comprises a 54km line, which will connect the New Administrative Capital with East Cairo and a 42km line to connect 6th October City with Giza.

Under the EPC order, subject to contract and final confirmation, Bombardier Transportation will also be responsible for the supply of rolling stock to the new trainline.

The total value of the EPC deal is about €2.8bn (£2.47bn) of which Bombardier will have a 50% share.

The contract will involve the civil engineering of the monorail infrastructure, as well as manufacturing of 70 four-car trains cars at Bombardier Transportation’s Derby Litchurch Lane facility in the UK for planned export to Egypt between 2021 and 2024.

A 30-year operations and maintenance (O&M) deal, worth around €1.6bn (£1.4bn), for the proposed monorail system is also planned to be signed by Bombardier Transportation. The bid is backed by UK Export Finance (UKEF).
These two orders take the total value to £3.88bn.

UK International Trade Secretary Dr Liam Fox said: “This is a strategically important project in a growing market like Egypt, demonstrating how UK manufacturing expertise is competing and winning in global markets against tough competition.

“The British rail industry is world class. Derby has been making trains for 180 years, and this project shows that the Derby Litchurch Lane facility remains globally competitive.”

Bombardier Transportation said that it will partner with two Egyptian companies, Orascom Construction and the Arab Contractors, to deliver the project.

The two monorail lines, which will link both cities with the current city of Cairo, will have the capacity to transport around 45,000 passengers per hour in each direction. The lines can be expanded in the future.

After signing a contract, the Egyptian Government and Bombardier Transportation will work together with financing institutions to achieve financial close for the proposed rail project.

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Image: Bombardier consortium will deliver the Cairo monorail project. Photo: courtesy of Bombardier.

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