Three local and international consortia have reportedly qualified to design and supervise the EUR 360 mn Alexandria tram project, sources tell Al Mal. A Systra-led consortium topped the list of bidders. A SITC Group-led consortium and a consortium headed by France’s Ingerop were among the top contenders. The three consortia include local companies Moharram.Bakhoum and Menarail, among others. The National Authority for Tunnels (NAT) will begin reviewing financial offers within 15 days and announce the results a month later, the source adds. The Cabinet had said that work on the Alexandria tram project would begin early next year and is expected to take three years to complete.

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