Orascom Construction seals two deals for Cairo Metro Line 4, high-speed train

Ahram Online , Tuesday 7 Nov 2023

Orascom Construction signed two contracts with the National Authority for Tunnels (NAT) to contribute to two major transportation projects in Egypt, the Greater Cairo Metro fourth line and the high-speed train, according to a bourse filing on Tuesday.

Orascom Construction worker. REUTERS/Amr Abdallah Dalsh
Orascom Construction worker. REUTERS/Amr Abdallah Dalsh


The first contract included completing the civil works for the Greater Cairo Metro fourth line.

Upon completion, the 42-kilometre fourth line will have the capacity to transport 2 million passengers daily. It will run through 38 stations from 6 October city to the Great Pyramids area.

Egypt is constructing the first phase of line four with a $308 million loan from the Japan International Cooperation Agency (JICA).

The second contract signed between Orascom and the NAT covers building a joint venture to execute the Mechanical, Electromechanical, and Plumbing (MEP) works for all stations of the first line of the new high-speed rail system in Egypt, which will run from Ain Sokhna to Marsa Matrouh.

The first line, stretching 675 kilometres, will comprise 21 stations serviced by 15 high-speed trains, 34 regional trains, and 14 freight trains.

Orascom Construction is a Cairo-listed leading global engineering and construction contractor primarily focused on infrastructure, industrial, and high-end commercial projects in the Middle East, Africa, and the United States.

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