$2.3 Billion in Contracts Awarded for Egypt's Planned New Metro Line
Two contracts worth more than $2.3 billion have been awarded for Egypt’s planned new mass transit line. The Cairo Metro Line 4 project will entail 19 kilometers of track and 17 stations.
Egypt’s state-owned civil engineering company, National Authority for Tunnels, announced in late November that a consortia led by Egypt-based Arab Contractors won a $1.65-billion deal to construct 12 stations spread over 13.7 km. Other consortium members are Petrojet, Concord Engineering & Contracting and Hassan Allam Construction.