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Sunday, 18 October 2020

Decision on Mitsubishi Metro Line 4 bid coming within one month

The Transport Ministry will this month make a decision on Mitsubishi’s offer to supply 23 trains for Metro Line 4, the local press reports, citing unnamed sources. The EGP 300 mn bid submitted by the Japanese conglomerate at the beginning of the year would be part-financed by a USD 1.2 bn loan from the Japanese International Cooperation Agency, which is being used to construct the line. Line 4 will extend over 19 km and 17 stations from Sixth of October City through to El Malek El Saleh station on Line 1 to Amr bin Al-Aas station, linking Cairo, Giza and Sixth of October.

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