France’s Alstom is planning to bid in the tenders for the EUR 360 mn Alexandria tram project and the construction of rail lines in the new administrative capital, among other transport projects, Middle East and Africa Senior Vice President Didier Pfleger tells MENA. Alstom is currently working on maintaining the infrastructure and signalling systems for the first and second phases of Cairo Metro Line 3, in addition to the electromechanical works for the third phase of the line.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…