NTA signs MoU with Canada’s Bombardier to begin feasibility studies for Cairo Metro’s Line 6

NTA signs USD 4 bn MoU with Bombardier for development of Metro’s Line 6: The National Tunnels Authority (NTA) signed an MoU on Tuesday with Canada’s Bombardier to begin conducting feasibility studies and preparing designs ahead of constructing the Cairo Metro Line 6, a Transport Ministry statement says. The agreement, which sets the project’s initial investment value at USD 4 bn, also covered the supply of locomotives and equipment necessary for the line’s operations and maintenance. The two sides agreed that local components will make up 40% of the project’s total input. Bombardier is expected to arrange financing for the project once designs are set by the end of July. The 24-stop Line 6 will cut across Cairo and should be operational by 2022, as we noted yesterday.