📋 Tender Overview
Scope :
construction works of the light electric train’s (LRT) third phase to an Egyptian-Chinese consortium for $550 million. The consortium comprises a Chinese company, Egypt’s Arab Contractors, and Orascom Construction PLC
The third phase of the LRT project extends over 20.4 kilometers covering four stations. Costs of construction works for the project’s third phase will be financed via an external loan worth around $400 million from the Export-Import Bank of China (Chexim) and another loan funded by local banks, another official pointed out.
