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BRIEF-Orascom Construction With Consortium Wins Contract To Supply, Operate 2 Monorail Lines

Published 2019-08-05, 06:52 a/m
© Reuters.  BRIEF-Orascom Construction With Consortium Wins Contract To Supply, Operate 2 Monorail Lines

Aug 5 (Reuters) - ORASCOM CONSTRUCTION OC.DI :

* CONSORTIUM OF BOMBARDIER TRANSPORTATION, ORASCOM CONSTRUCTION AND ARAB CONTRACTORS WINS CONTRACT TO SUPPLY AND OPERATE TWO MONORAIL LINES IN EGYPT

* ON COMPLETION OF CONSTRUCTION PHASE, CONSORTIUM WILL BE RESPONSIBLE FOR OPERATION AND MAINTENANCE OF BOTH LINES FOR 30 YEARS

* TOTAL VALUE OF DESIGN, BUILD AND O&M CONTRACT EXCEEDS $4.5 BILLION

* ORASCOM CONSTRUCTION'S SHARE IS CLOSE TO USD 900 MILLION

* BOMBARDIER TRANSPORTATION'S SHARE IS $2.85 BILLION

* WILL DESIGN AND BUILD ALL INFRASTRUCTURE AND CIVIL WORKS, INCLUDING STATIONS, GUIDEWAY STRUCTURES AND NEW DEPOT BUILDINGS

* BOMBARDIER WILL DESIGN, SUPPLY AND INSTALL THE ELECTRICAL AND MECHANICAL (E&M) EQUIPMENT FOR THE TWO LINES

* THIS INCLUDES 70 FOUR-CAR BOMBARDIER INNOVIA MONORAIL 300 TRAINS (280 CARS), BOMBARDIER CITYFLO 650 SIGNALING AND AUTOMATIC TRAIN CONTROL TECHNOLOGY, THE OPERATION CONTROL CENTRE, COMMUNICATION SYSTEMS, PLATFORM SCREEN DOORS AND FARE COLLECTION, POWER SUPPLY / POWER DISTRIBUTION SYSTEMS AS WELL AS SWITCH BEAMS AND DEPOT EQUIPMENT

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