UPDATE: Consortium of Bombardier Transportation, Orascom Construction and Arab Contractors wins contract to supply and operat...
August 13 2019 - 6:19AM
Bombardier Transportation has issued an update to the press release
published on Monday August 5, 2019 regarding the contract to supply
and operate two monorail lines in Egypt. Now that the contract
signing has been concluded and is legally binding, the precise
value of the contract can be communicated. Based on the latest
currency conversions, the total value of the design, build and
O&M contract is approximately 3.72 billion euro ($4.16 billion
US). Bombardier Transportation´s share is 2.36 billion euro ($2.64
billion US). Combined, Orascom Construction and Arab Contractor’s
share of the overall contract is valued at approximately 1.36
billion euro ($1.52 billion US).
About Bombardier Transportation Bombardier
Transportation is a global mobility solution provider leading the
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spectrum of solutions, ranging from trains to sub-systems and
signalling to complete turnkey transport systems, e-mobility
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technology and performance with empathy, Bombardier Transportation
continuously breaks new ground in sustainable mobility by providing
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Germany, Bombardier Transportation employs around 40,650 people and
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About Bombardier With over 68,000 employees,
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Headquartered in Montreal, Canada, Bombardier has production and
engineering sites in 28 countries as well as a broad portfolio of
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ended December 31, 2018, Bombardier posted revenues of $16.2
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For information
Bombardier:
Media relations,
EgyptEmma Brett+44 7717
700597emma.brett@rail.bombardier.com |
Global media
relations+49 174 926 2017press@rail.bombardier.com |
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