Egypt plans big rail expansion, nears agreement with Bechtel ...Egypt

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Egypt is rushing ahead with plans for an expansion of its metro and railway networks and is near agreement with Bechtel Corp to implement Cairo’s sixth metro line, Transport Minister Kamel al-Wazir said on Monday. Speaking to the American Chamber of Commerce, Wazir said most of the bigger transport projects, which also include dry ports and river transport, should be finished by the end of 2024. Egypt was working on a memorandum of understanding with Bechtel for feasibility studies and implementation of the $5 billion, 30 km sixth metro line, he said. “Just yesterday we had the contracts and we quickly reached near-agreement,” Wazir said. “We told them to submit a written offer. If we reach

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Last updated : 03 Dec 2020 clock 01:16 PM

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Egypt plans big rail expansion, nears agreement with Bechtel ...Egypt

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