Bombardier named preferred bidder for €3 billion Cairo monorail project
May 27 2019 - 05:30PM
Bombardier Transportation has been named preferred bidder to build
and supply a new monorail system in Cairo, Egypt.
The potential value of the bid for Bombardier Transportation is
€1.2 billion for the Design & Build Contract. In addition,
there is a 15+15 years Operations and Maintenance deal with a
potential value of about €1.1 billion. The rolling stock part of
the order will be developed and built in Derby, UK.
The project is for the delivery of a 54km monorail system
connecting the New Administrative City with East Cairo as well as a
second 42km line connecting 6th October City with Giza. Bombardier
Transportation will deliver the project in partnership with two
Egyptian companies Orascom Construction and the Arab
Contractors.
The order award is subject to contract and final
confirmation.
About Bombardier Transportation Bombardier
Transportation is a global mobility solution provider leading the
way with the rail industry’s broadest portfolio. It covers the full
spectrum of solutions, ranging from trains to sub-systems and
signalling to complete turnkey transport systems, e-mobility
technology and data-driven maintenance services. Combining
technology and performance with empathy, Bombardier Transportation
continuously breaks new ground in sustainable mobility by providing
integrated solutions that create substantial benefits for
operators, passengers and the environment. Headquartered in Berlin,
Germany, Bombardier Transportation employs around 40,650 people and
its products and services operate in over 60 countries.
About Bombardier With over 68,000 employees,
Bombardier is a global leader in the transportation industry,
creating innovative and game-changing planes and trains. Our
products and services provide world-class transportation
experiences that set new standards in passenger comfort, energy
efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and
engineering sites in 28 countries as well as a broad portfolio of
products and services for the business aviation, commercial
aviation and rail transportation markets. Bombardier shares are
traded on the Toronto Stock Exchange (BBD). In the fiscal year
ended December 31, 2018, Bombardier posted revenues of $16.2
billion US. The company is recognized on the 2019 Global 100 Most
Sustainable Corporations in the World Index. News and information
are available at bombardier.com or follow us on Twitter
@Bombardier.
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