Egypt, Saudi Arabia discuss boosting investment, trade ties at FII9 in Riyadh    Egypt joins high-level talks in Riyadh to advance two-state solution for Palestine    Health Ministry outlines medical readiness for Grand Egyptian Museum opening 1 Nov.    QatarEnergy expands Egypt footprint with new offshore gas exploration partnership with Eni – ministry    Egypt screens 1.53m primary school students for anaemia, obesity, stunting —health ministry    Egypt, Eni sign deal to study biogas units using farm waste    Egyptian pound inches up against US dollar in early Tuesday trading    Ancient Egyptian crocodile discovery reshapes understanding of its evolution    Gaza ceasefire faces new strains amid stalled reconstruction talks    Madinaty Golf Club to host 104th Egyptian Open    Venezuelan market opens to Egyptian fresh pomegranates: Agriculture Minister    US builds up military presence near Venezuela, Maduro warns against 'crazy war'    Turkish court issues new arrest warrant for jailed Istanbul mayor on spying charges    Egypt becomes regional hub for health investment, innovation: Abdel Ghaffar    Egypt reiterates commitment to UN partnership, economic reforms in high-level meeting    LG Electronics Egypt expands local manufacturing, deepens integration of local components    Egypt's Port Said advances development projects, including historic lighthouse revival    Egypt's Sisi receives credentials of 23 new ambassadors    Egypt medics pull off complex rescue of Spanish tourist in Sneferu's Bent Pyramid    Egypt Open Junior and Ladies Golf Championship concludes    Health minister, Qena governor review progress on key healthcare projects in Upper Egypt    Treasures of the Pharaohs Exhibition in Rome draws 50,000 visitors in two days    Al-Sisi reviews final preparations for Grand Egyptian Museum opening    Egypt steps up oversight of medical supplies in North Sinai    Egypt to issue commemorative coins ahead of Grand Egyptian Museum opening    Omar Hisham announces launch of Egyptian junior and ladies' golf with 100 players from 15 nations    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt, Canada's Bombardier discuss monorail project near Cairo
Published in Ahram Online on 31 - 08 - 2016

Canada's Bombardier Inc and Egypt's government discussed Tuesday steps to build a 35km monorail on the outskirts of Cairo, Egypt's cabinet spokesman said in a statement -- a project first announced in mid-2015.
The 35km train will connect 6 October city, a satellite city on the outskirts of Cairo, with other parts of Giza governorate, according to cabinet spokesman Hossam Qaweesh.
The rail project will support economic and housing projects being undertaken by the government as well as facilitating transportation and easing congestion, Prime Minister Sherif Ismail was quoted as saying in the statement, reported by state news agency MENA.
The sprawling metropolis of Greater Cairo, where more than 21 million people reside, has for years suffered from severe congestion and poor public transport services.
The project, described by the statement as “eco-friendly”, will be jointly implemented and administered by the government and the Canadian company.
Tuesday's talks, attended by the ministers of housing, transportation and investment, included looking at Bombardier's technical and financial offer regarding the cost, funding and different phases of the project.
Housing Minister Mostafa Madbouly said last year the project would cost $1.5 billion and was set to be completed by mid-2018 with funding from a 14-year loan.
Bombardier provides rail vehicles, signalling and control equipment, as well as making planes.


Clic here to read the story from its source.