A consortium of Orascom Construction and Mitsubishi has secured an $800m contract to deliver a work package for Cairo Metro Line 4 Phase 1.
Canadian manufacturing group Bombardier Transportation, in consortium with Orascom Construction and Arab Contractors, has signed a contract worth more than $4.5bn (£3.7bn) for the construction of two new monorail lines in Egypt.
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.
A joint venture of Orascom Construction and Arab Contractors has secured a €590M contract to deliver Phase 4B of Cairo Metro Line III in Egypt.Under the contract, awarded by the National Authority for Tunnels, the JV will be responsible for the full scope of the new phase that will stretch 6.1km across a viaduct and five elevated stations.Orascom Construction’s share of the contract is valued at about €295M. Phase 4B follows the group’s previously-announced contract awards for the third line of Cairo Metro.The group is currently executing contracts amounting to about €375M for Phase III and €90M for Phase 4A.
Orascom Construction has won two more contracts for the third phase of Cairo Metro Line III, to execute the civil and track work. Stretching across 18km of tunnelling and viaduct works, the third phase will include 15 elevated, grade and underground stations. The contracts, with a combined value of about €270M, will bring the company’s share of the third phase of Cairo Metro Line III to €375M.Orascom will deliver the civil package in a consortium with VINCI, Bouygues and Arab Contractors, and the track works package in a consortium with TSO — the railway subsidiary of NGE Group — and ETF, a subsidiary of Eurovia. Orascom Construction CEO Osama Bishai said: “We are pleased to expand our market share in the transportation sector and particularly the Cairo Metro program.“We remain focused on adding quality contracts to our backlog that will lead to healthy returns for our shareholders.”
A joint venture (JV) of Vinci Construction Grands Projets and Bouygues Construction subsidiary Bouygues Travaux Publics, along with Egyptian partners Orascom Construction and Arabco Contractors, has bagged the €1.1bn Phase 3 contract for Line 3 of the Cairo metro from the National Authority for Tunnels.