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Monday, 26 August 2019

Mitsubishi-Orascom consortium wins tender for first phase of metro line 4

The National Authority for Tunnels awarded a Mitsubishi-Orascom consortium the contract to construct the railway and depot, and to set up the railway system for the first phase of Cairo Metro Line 4, according to the authority (pdf). The agreement was worth a combined EGP 3.8 bn, EUR 397.3 mn, and JPY 10.1 mn. This tender replaces the expired agreement with Hitachi-Sojitz, who also came up with an offer alongside Marubeni, and Toyo-Mitsui, according to Egypt Transport Infrastructure Monitor.

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