The Japan International Cooperation Agency (JICA) and the Government of Egypt has signed a loan agreement of JPY41 billion (US$320 million) for the first phase of Cairo metro Line 4 in Egypt.
Mitsubishi Corporation awarded Colas Rail, Orascom Construction and Thales with a EUR650 million (US$701 million) contract on April 2022 for the installation of the rail systems, and the construction of the tracks and depot.
The joint venture consists of Arab Contractors Company (leader), Concord, Petrojet and Hassan Allam Holding will be responsible for civil works on the western section of 13.7 km (Hadayek El Ashgar – Amr ibn El Aas).
The Cairo metro Line 4 is designed to fit a capacity of 2 million passengers per day and is expected to be operation in February 2028.
Country updates
-
-
November 10, 2022
MoU signed for 1.1 GW onshore wind project in Egypt
ACWA Power Company has signed a memorandum of understanding (MoU) with Oman Investment Authority (OIA) to explore bringing the sovereign wealth fund on as an investor for the 1.1GW Suez Wind Energy pr...
Read more -
August 31, 2022
Globeleq, partners sign MoU for 3.6 GW green hydrogen project in Suez
Globeleq has signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Authority (NREA), the General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt for...
Read more -
August 19, 2022
Management and Operation documents signed for multibillion high-speed rail network in Egypt
The National Authority for Tunnels has signed a conditions document with Deutsche Bahn and El Sewedy Electric for the management and operation of the rapid electric train network in Egy...
Read more -
August 17, 2022
Egypt signs bilateral agreement for Suez Canal Container Terminal (SCCT) in East Port
Suez Canal Authority in Egypt has signed a bilateral agreement with A.P. Moller - Maersk (Maersk) for the development of the Suez Canal Container Terminal (SCCT) at a site in Suez East Port. The termi...
Read more -
August 12, 2022
Egypt launches RFQ for 20 seawater desalination plants PPP project
Suez Canal Authority, Holding Company for Water and Waste Water (HCWW) and New Urban Communities Authority in Egypt have issued a request for qualification (RFQ) seeking a private partner for the deve...
Read more
