{"id":555297,"date":"2021-11-09T04:01:07","date_gmt":"2021-11-09T04:01:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/alstom-lands-eur-876-mn-rolling-stock-contract-for-cairo-metro-line-1\/"},"modified":"2021-11-09T04:01:07","modified_gmt":"2021-11-09T04:01:07","slug":"alstom-lands-eur-876-mn-rolling-stock-contract-for-cairo-metro-line-1","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/alstom-lands-eur-876-mn-rolling-stock-contract-for-cairo-metro-line-1\/","title":{"rendered":"Alstom lands EUR 876 mn rolling stock contract for Cairo Metro Line 1"},"content":{"rendered":"

<\/a> French train manufacturer Alstom has signed <\/strong>a EUR 876 mn contract<\/strong> w<\/strong>ith the <\/strong>National Authority for Tunnels<\/strong> to provide new rolling stock for Cairo Metro Line 1, the company announced in a statement<\/a>. The agreement, signed during the TransMea transport conference yesterday, will see the French company provide 55 new subway trains to Cairo\u2019s oldest underground line. Alstom will also supply spare parts and provide maintenance for eight years.<\/p>\n

The work will be funded by the French government<\/strong> and is part of a raft of financing agreements<\/a> signed by French Finance Minister Bruno Le Maire in June that will see Paris lend EUR 2.8 bn<\/a> for the development of metro lines 1 and 6. Cabinet had given the NAT the green light to contract Alstom last week<\/a>.<\/p>\n

The contract was among 13 signed by the Transport Ministry on the second day of the TransMEA conference<\/strong>. We\u2019ll have a full rundown on the other agreements and what they mean for our transportation infrastructure in tomorrow\u2019s edition of Hardhat, our weekly vertical on infrastructure. <\/sup><\/p>\n

Eight more agreements coming:<\/strong> The ministry is set to sign another eight agreements at the TransMEA conference tomorrow, according to a press invitation sent out from the minister\u2019s press office. <\/sup><\/p>\n

Background:<\/strong> The contract comes as part of a larger rehabilitation program<\/a> for the line, which is considered the backbone of the metro system. Alstom has also recently completed two signaling upgrade projects (here<\/a> and here<\/a>) for the Beni Suef-Assiut railway line, and is currently working on<\/a> manufacturing trains for Egypt\u2019s first monorail.<\/p>\n","protected":false},"excerpt":{"rendered":"

French train manufacturer Alstom has signed a EUR 876 mn contract with the National Authority for Tunnels to provide new rolling stock for Cairo Metro Line 1, the company announced in a statement. The agreement, signed during the TransMea transport conference yesterday, will see the French company provide 55 new subway trains to Cairo\u2019s oldest […]<\/p>\n","protected":false},"author":1,"featured_media":555298,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7261],"tags":[1249,72,207,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transport","tag-alstom","tag-enterpriseam","tag-transport","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"dfceb221-fc3a-4c21-8327-7a7104b86764","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/376.jpg","photo_position":"above","related_issue":[555289],"teaser":"","voice_url":""},"yoast_head":"\nAlstom lands EUR 876 mn rolling stock contract for Cairo Metro Line 1 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/alstom-lands-eur-876-mn-rolling-stock-contract-for-cairo-metro-line-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alstom lands EUR 876 mn rolling stock contract for Cairo Metro Line 1\" \/>\n<meta property=\"og:description\" content=\"French train manufacturer Alstom has signed a EUR 876 mn contract with the National Authority for Tunnels to provide new rolling stock for Cairo Metro Line 1, the company announced in a statement. 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The 27-station,\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/297.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590195,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/alstom-to-localize-manufacture-of-rolling-stock-electrical-systems\/","url_meta":{"origin":555297,"position":1},"title":"Alstom to localize manufacture of rolling stock, electrical systems","author":"enterpriseam admin","date":"16 July 2023","format":false,"excerpt":"The French rail manufacturer plans to invest EUR 300 mn in two new factories on the North Coast","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/573.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544948,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/29\/were-getting-eur-777-mn-from-france-for-metro-line-1\/","url_meta":{"origin":555297,"position":2},"title":"We\u2019re getting EUR 777 mn from France for Metro Line 1","author":"enterpriseam admin","date":"29 March 2022","format":false,"excerpt":"France is lending us EUR 777 mn for the Metro Line 1 revamp: We yesterday signed a loan agreement with the French government for EUR 776.9 mn to fund the 55 new trains for Cairo Metro Line 1 being supplied by French manufacturer Alstom, according to a cabinet statement.The terms:\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/687.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591491,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/frances-alstom-withdraws-from-eur-380-mn-metro-contract\/","url_meta":{"origin":555297,"position":3},"title":"France\u2019s Alstom withdraws from EUR 380 mn metro contract","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"France\u2019s Alstom has walked away from a EUR 380 mn contract it was due to sign with the Transport Ministry within days to manufacture and supply 32 metro cars for the third and fourth phases of Cairo Metro Line 3, ministry sources told Al Mal. The government will hold on\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577499,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/24\/transmin-wants-eur-2-bn-french-loan-to-fund-metro-line-6\/","url_meta":{"origin":555297,"position":4},"title":"TransMin wants EUR 2 bn French loan to fund Metro Line 6","author":"enterpriseam admin","date":"24 November 2022","format":false,"excerpt":"Among the other stories we\u2019re paying attention to this morning: TRANSPORT- The Transport Ministry is in talks with three unnamed French financial institutions for a concessional EUR 2 bn loan to fund development works for Cairo Metro Line 6, sources familiar with the matter reportedly told Al Mal. They said\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/392.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547522,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/26\/usd-659-mn-in-contracts-signed-for-cairos-metro-line-4\/","url_meta":{"origin":555297,"position":5},"title":"USD 659 mn in contracts signed for Cairo\u2019s Metro Line 4","author":"enterpriseam admin","date":"26 June 2022","format":false,"excerpt":"Thales, Orascom Construction and Colas Rail have landed a contract for construction work on the first phase of Cairo\u2019s fourth metro line, Thales said in a statement last week.The contract is worth some USD 659 mn, with USD 159 mn of that for Colas, the company said in a separate\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/297.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555297"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555297\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555298"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555297"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555297"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}