{"id":571686,"date":"2020-05-20T04:00:38","date_gmt":"2020-05-20T04:00:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/"},"modified":"2020-05-20T04:00:38","modified_gmt":"2020-05-20T04:00:38","slug":"orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/","title":{"rendered":"Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Orascom, Bombardier, Arab Contractors begin construction of new capital-Nasr City monorail<\/strong><strong>:<\/strong> Orascom Construction, Canada\u2019s Bombardier Transportation, and Arab Contractors have broken ground on the USD 4.5 bn new administrative capital monorail project, which will connect East Cairo to the new capital, <a href=\"https:\/\/www.linkedin.com\/posts\/orascom-construction-ltd_orascomabrconstruction-bombardierabrtransportation-activity-6667366120821026816-ESRD\">according to a company statement<\/a>. The company did not disclose the expected timeline for completing the project.<\/p>\n<p><strong>Background:<\/strong> The Orascom-Bombardier-Arab Contractors consortium finalized <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/egypt-signs-usd-4-5-bn-agreement-for-monorails-to-giza-and-new-capital\/\">last year<\/a> the monorail agreement with the National Authority for Tunnels. The agreement will see the consortium design, build, supply and operate the lines, which will link Sixth of October City to Giza and Nasr City to the new administrative capital. The consortium will also be responsible for the operation and maintenance of both lines for 30 years and will design and build all infrastructure and civil works, including stations, guideway structures and new depot buildings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orascom, Bombardier, Arab Contractors begin construction of new capital-Nasr City monorail: Orascom Construction, Canada\u2019s Bombardier Transportation, and Arab Contractors have broken ground on the USD 4.5 bn new administrative capital monorail project, which will connect East Cairo to the new capital, according to a company statement. The company did not disclose the expected timeline for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[833,3673,72,7111,875,363,2380,207,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571686","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-arab-contractors","tag-bombardier","tag-enterpriseam","tag-infrastructure","tag-new-administrative-capital","tag-orascom-construction","tag-speed-round","tag-transport","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"a49523a4-68ca-4847-b707-5715085ee156","is_powered_by":true,"section_story_id":"e5d8e029-6ed9-42cc-9ecf-5f665ca2049a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571672],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail - 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\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail\" \/>\n<meta property=\"og:description\" content=\"Orascom, Bombardier, Arab Contractors begin construction of new capital-Nasr City monorail: Orascom Construction, Canada\u2019s Bombardier Transportation, and Arab Contractors have broken ground on the USD 4.5 bn new administrative capital monorail project, which will connect East Cairo to the new capital, according to a company statement. The company did not disclose the expected timeline for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-20T04:00:38+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail\",\"datePublished\":\"2020-05-20T04:00:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/\"},\"wordCount\":151,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arab Contractors\",\"Bombardier\",\"EnterpriseAM\",\"infrastructure\",\"new administrative capital\",\"Orascom Construction\",\"SPEED ROUND\",\"transport\",\"Transport Ministry\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/\",\"name\":\"Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail - 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The 30-year contract includes the construction, operation and maintenance\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598997,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/16\/egypt-to-sign-bombardier-monorail-contracts-by-end-of-month\/","url_meta":{"origin":571686,"position":1},"title":"Egypt to sign Bombardier Monorail contracts by end of month?","author":"enterpriseam admin","date":"16 June 2019","format":false,"excerpt":"Gov\u2019t to sign monorail contracts by end of month? The Transport Ministry is planning to sign this month the contracts awarding a consortium made up of Orascom Construction, Arab Contractors, and Bombardier Transportation to build the monorails linking 6 October City to Giza and Nasr City to the new administrative\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/1447.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595778,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/egypt-signs-usd-4-5-bn-agreement-for-monorails-to-giza-and-new-capital\/","url_meta":{"origin":571686,"position":2},"title":"Egypt signs USD 4.5 bn agreement for monorails to Giza and new capital","author":"enterpriseam admin","date":"6 August 2019","format":false,"excerpt":"Orascom\u2019s long awaited USD 4.5 bn monorail agreement finalized: A consortium of Bombardier Transportation, Orascom Construction and Arab Contractors signed yesterday a contract with the National Authority for Tunnels in Cairo worth more than USD 4.5 bn to work on two planned monorail lines, Orascom Construction said in an EGX\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598586,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/bombardier-confirms-being-tapped-as-preferred-bidder-for-egypts-monorail\/","url_meta":{"origin":571686,"position":3},"title":"Bombardier confirms being tapped as preferred bidder for Egypt\u2019s monorail","author":"enterpriseam admin","date":"29 May 2019","format":false,"excerpt":"Bombardier says its consortium has been tapped as preferred bidder for monorail project: A consortium of Orascom Construction, Arab Contractors, and Bombardier Transportation has been tapped as the preferred bidder to build a monorail linking Six October to the new administrative capital, Bombardier confirmed in a statement. The project would\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575202,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/jpmorgan-disburses-first-loan-tranche-for-monorail-project\/","url_meta":{"origin":571686,"position":4},"title":"JPMorgan disburses first loan tranche for monorail project","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"DEBT WATCH- Egypt just got the first USD 332 mn tranche of a loan from JPMorgan to finance the construction of two monorail lines, one linking the new administrative capital to Cairo Stadium Station and the other linking Gameat El Dewal Station to Sixth of October, Al Mal reports, citing\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/57.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568950,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/09\/bombardier-wants-to-set-up-a-monorail-component-factory-in-egypts-sczone\/","url_meta":{"origin":571686,"position":5},"title":"Bombardier wants to set up a monorail component factory in Egypt\u2019s SCZone","author":"enterpriseam admin","date":"9 February 2020","format":false,"excerpt":"Canada\u2019s Bombardier is interested in building a monorail components plant in the Suez Canal Economic Zone, Transport Minister Kamel El Wazir said, according to Mubasher. 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