01 August 2016

Egypt’s National Authority for Tunnels (NAT) has assigned the rail work for Cairo’s Metro Line Three to the ETF-ORC-TSO association, a report said.

This came after NAT accepted the financial bid of EGP762 million ($85.6 million) made by the association over that of the French company Colas Rail, added the Daily News Egypt, which quoted an official from Egypt Post.

The ETF-ORC-TSO offer includes the development of the Rod El Farag station and supply of coupling rods for that phase, the report said.

NAT is aiming to implement six new subway lines by 2032 to link Greater Cairo and all its suburbs, 10 years ahead of schedule, according to the report.

• Work on $2bn Omagine to start in 2017
• Kuwait set to award $27bn contracts
• Flower-shaped tower for Qatar
• $1.6bn waterfront goes up in Egypt
• Bahrain ownership law to boost property market
• Salini Impregilo inks $955m Kuwaiti job
• Iran eyes $12bn green power
• Cairo Metro awards Line Three work
• Update
• 550 new hotels on way across the Middle East
• Jazeera to build new terminal
• Bahrain harbour project progresses
• Aqar plans $1bn Duqm development
• Firms vie to build gas plant
• Bahrain to build hi-tech 50,000-seat stadium
• SNC-Lavalin wins Qatar contract
• JV secures Kuwait pipeline deal
• Omran’s three new hotels on track
• Hill wins hospital deal

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