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Egyptian-French alliance to implement civil works for Metro’s third line - Daily News Egypt

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Egyptian-French alliance to implement civil works for Metro’s third line

The third phase will cost EGP 10.8bn to implement, says official


The third line of the Cairo Metro will be constructed by the French company Vinci, which will lead the Egyptian-French alliance in implementing this line, as was decided by the main committee of the National Authority for Tunnels (NAT).

According to an official in the NAT, the financial screening committee has submitted a report to the decision-making committee in order to look into the accepted technical offers made by companies.

The authority launched a limited international tender last year in order to choose a company to conduct construction of the metro’s third line, named thawra. The offer made by the Egyptian-French alliance led by Vinci was accepted, as it achieved a score of 94.4% in its assessment. An offer for an Egyptian-Spanish alliance, led by Spanish company Obrascón Huarte Lain (OHL), was also accepted, owing to its score of 88.05%.

According to the official, the total cost of implementing this phase is approximately EGP 10.8bn, according to the offer presented by Vinci’s alliance.

The NAT is affiliated with the Ministry of Transport. It was established in accordance to a decision issued in 1983 with the aim of executing the metro projects in Egypt, as well as conducting the technical and economic studies and research for the metro main and sub projects, in cooperation with local and foreign companies. The NAT has executed more than 83km of metro lines so far, in addition to supporting facilities. The total cost of establishments amounted to EGP 23bn, with an average annual spending of EGP 700m.

 

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https://wwww.dailynewssegypt.com/2016/07/09/egyptian-french-alliance-to-implement-civil-works-for-metros-third-line/
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