Bombardier to Build Egypt’s New Metro Line with USD 4bn

Bombardier to Build Egypt’s New Metro Line with USD 4bn

Egypt is signing a memorandum of understanding with Canadian plane and train manufacturer, Bombardier Inc., to finance and construct Cairo’s sixth metro line, with an initial cost estimated at USD 4 bn, Invest-Gate reports.
The sixth line will stretch over 20 kilometers parallel to the first line, with a total of 24 stations, 12 of them underground. It will run from northern Cairo near the ring road, then head south, passing through Greater Cairo’s Shubra El-Kheima and New Maadi, ending at the start of Ain El-Sokhna Road.
Egyptian Transportation Minister Hesham Arafat announces the deal and states that the project will reduce pressure on the metro’s existing line 1.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.


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