Cairo selects the proven INNOVIA Monorail 300 system for two new monorail lines to connect East Cairo with the New Administrative Capital and 6th October City with Giza
Bombardier Transportation, Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) and Arab Contractors signed on August 13 an agreement with National Authority for Tunnels in Cairo to design and build two new monorail lines in Egypt. On completion of the construction phase, the consortium will be responsible for the Operation and Maintenance (O&M) of both lines for 30 years. Bombardier Transportation ́s share is 2.36 billion euro ($2.64 billion US).
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