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Monday, 27 May 2019

Egyptian gov’t selects OC-led consortium for 6 October-new capital monorail tender

Gov’t taps OC-led consortium to enter talks on 6 October-new capital monorail -report: A consortium of Orascom Construction, Arab Contractors and Canada’s Bombardier has been selected to enter negotiations on the construction of the 6 October-new capital monorail, Al Masry Al Youm reports, citing unnamed sources. The government could still consider offers from the second competing consortium — made up of China Railway Construction Corporation (CRCC), the Arab Organization for Industrialization’s railways factory SEMAF, Samcrete and Petrojet — if no agreement is reached, the sources noted.

Cabinet announced last week that it has selected the winning bid. The project will see the consortium construct two high-speed monorail lines that will link the new administrative capital to 6 October.

Did someone say monorail?

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