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English news

12-Jul-2017

NTA signs MoU with Bombardier to begin planning construction of Cairo Metro Line 6, with initial investment value of USD4bn

The National Tunnels Authority (NTA) has signed Memorandum of Understanding (MoU) with Canada-based Bombardier to begin conducting feasibility studies and preparing designs ahead of constructing the Cairo Metro Line 6, which is expected to stretch over 30km across Cairo, running parallel to Line 1, with a total of 28 stations. The agreement, which sets the project’s initial investment value at USD4bn, also covered the supply of locomotives and equipment necessary for the line’s operations and maintenance. Local components will make up 40% of the project’s total input. Bombardier is expected to arrange financing for the project once designs are set by end of July, and the line is expected to become operational by 2022. 

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