Cairo Public Monorail Transit System
Sector: Rail • Location: Egypt, Arab Rep.
Source: World Bank Group
The project involves the design, financing, procurement, construction, operation and maintenance of the 96km Cairo public monorail transit system.
Canadian train manufacturer Bombardier Transport won the contract in 2019 to develop the monorail system alongside 2 Egyptian companies.The consortium on the project and its shareholding is: Bombardier – 63% Orascom Construction (EPC) – 20% Arab Cont
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Participants
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Status
Original status | active |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The project involves the design, financing, procurement, construction, operation and maintenance of the 96km Cairo public monorail transit system. Canadian train manufacturer Bombardier Transport won the contract in 2019 to develop the monorail system alongside 2 Egyptian companies.The consortium on the project and its shareholding is: Bombardier – 63% Orascom Construction (EPC) – 20% Arab Contractors (construction) – 17% The partners would manage the O&M of the 2 lines for the full 30 years Total project cost is 5018.85 USDm of which EUR 2,214.00m (USD 2,710.18m) is equity financing from the sponsor and rest EUR 1,886.00m (USD 2,308.67m) is in the form of debt. Loans were provided from a group of banks: JP Morgan - EUR 585.63m (USD 716.88m) Credit Agricole Group - EUR 191.72m (USD 234.69m) Societe Generale - EUR 191.73m (USD 234.70m) KfW IPEX Bank - EUR 191.73m (USD 234.70m) Credit Suisse - EUR 191.73m (USD 234.70m) CaixaBank - EUR 191.73m (USD 234.70m) UBS - EUR 150.00m (USD 183.62m) NatWest - EUR 191.73m (USD 234.70m) The project will involve the construction of 2 rail lines with a combined length of a little more than 98km. They are: - 54km East Cairo to NAC line – connecting Cairo’s New Administrative Capital (NAC) to Nasr City in 60 minutes - 42km 6th of October City to Giza line – connecting 6th of October City to Giza (west bank of the Nile) in 42 minutes https://ijglobal.com/articles/155602/cairo-monorail-ppp-egypt https://ijglobal.com/data/transaction/40408/cairo-public-monorail-transit-system-96km-ppp |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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