Bombardier said its consortium comprising Orascom Construction and Arab Contractors has been named as the preferred bidder for a $3.35bn monorail project in Cairo, Egypt. Bombardier says the potential value of the design-and-build contract bid is $1.3bn.
According to a statement, the scope of work includes the delivery of a 54km monorail system connecting the New Administrative City with East Cairo, as well as a second 42km line connecting 6th October City with Giza.
The deal also includes a 15+15 years operations and maintenance deal with a potential value of about $1.22bn. The rolling stock segment of the project will be developed and built in Derby, UK, the statement said.
The consortium is still said to be in negotiations with the Egyptian government to establish the 6th of October monorail project. An agreement has yet to be reached.
