Bombardier named preferred bidder for $2.5bn monorail in Egypt
Bombardier Transportation has been named preferred bidder to build and supply a new monorail system in Cairo, Egypt. The potential value of the bid for Bombardier Transportation is $1.3bn for the Design & Build Contract. In addition, there is a 15 years Operations and Maintenance deal with a potential value of around $1.2bn.
The project is for the delivery of a 54km monorail system connecting the New Administrative City with East Cairo as well as a second 42km line connecting 6th October City with Giza. Bombardier Transportation will deliver the project in partnership with two Egyptian companies Orascom Construction and the Arab Contractors.
The order award is subject to contract and final confirmation.
Phil Hufton, managing director of Bombardier Transportation said it was excellent news for the company’s teams in the UK and Egypt: "It will create a situation where we will probably employ about 100 people on this contract - that includes apprentices as well. It shows that the British rail industry is world class and can compete and win in global markets.”
Britain’s International Trade Secretary Liam Fox commented: "This is a strategically important project in a growing market like Egypt, demonstrating how UK manufacturing expertise is competing and winning in global markets against tough competition.”
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services.
Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.
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