Orascom confirms USD 310 million contract for Cairo Metro

Cairo metrou-Linia3_3-Cairo-metroOrascom Construction has been awarded two contracts for civil and track work for third phase of Cairo Metro Line 3.
The combined value of both packages is approximately EUR 270 million (USD 307.5 million), bringing the company’s share of the third phase of Cairo Metro Line III to EUR 375 million.
Phase III will stretch across 18 km of tunnelling and viaduct works which will include 15 elevated, grade and underground stations.
Both new contracts will be executed by Egyptian-French consortiums that have worked repeatedly on Cairo Metro.
Orascom will complete the civil package in a consortium with VINCI, Bouygues and Arab Contractors, and the track works package in a consortium with TSO (NGE Group) and ETF, a subsidiary of Eurovia.
Vinci Construction Grands Projets, Bouygues Travaux Publics and Egypt’s Orascom Construction and Arabco Contractors have been awarded a EUR 1.1 billion contract to deliver the third phase of Cairo Metro’s Line 3.
Phase 3 of the line includes 17.7 kilometres of new railway, 15 stations – a combination of underground, at-grade and elevated stations – and the construction of a new rail tunnel beneath the Nile. Phase 3 is due to be completed in 2022.
Funding for the third phase of Cairo Metro Line III is provided by French and European entities.


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