Egyptian President Abdel Fattah al-Sisi met on Sunday with Bombardier Transportation President Danny Di Perna, in the presence of Prime Minister Mostafa Madbouly and Transport Minister Kamel al-Wazir.
Spokesperson for the Egyptian Presidency, Bassam Rady, said that the meeting discussed joint cooperation with the company for monorail train projects.
Rady pointed that a contract has been signed between the Transport Ministry and Bombardier Transportation to establish a monorail to link the New Administrative Capital with Greater Cairo and 6th of October city, spanning a total length of 96 km.
Rady added that the 30-year contract includes the implementation, operation and maintenance of monorail lines, in addition to the supply of spare parts and the conduct of serious maintenance operations.
The contract also includes the settlement of the monorail industry in Egypt and the establishment of a full partnership between Egypt and the international company in favor of the railway system, as well as opening the door to access to the African market which is promising in this field.
The Bombardier-Orascom-Arab Contractors consortium won the bid for a monorail project planned at the New Administrative Capital and Sixth of October City back in May.
On May 20, Bombardier Transportation received a letter of award from the High Committee following the Cabinet’s approval of the offer and the review for the results of the final evaluation of financing, investment, operation and maintenance of the Monorail project.
Edited translation from Al-Masry Al-Youm