Chinese construction company China Railway Group Ltd. has signed a deal with Egypt’s National Authority for Tunnels to commence preliminary work on the construction of 66 kilometers of light rail, connecting the northern Africa country’s new administrative capital, which is under construction, and four districts within Cairo.
China Railway Group Ltd.’s subsidiary China Railway Eryuan Engineering Group will undertake the $1.24-billion contract in partnership with another Chinese firm, Avic International. The project will break ground in the next 60 to 90 days and link the four Cairo districts to the new administrative capital.