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| Egypt's OCI gets involved in expansion of the Cairo Metro system  Orascom Construction Industries announced that its Construction Group has been awarded several contracts on the first phase of the third Cairo Metro expansion project which will connect two major districts in the capital city through a 4.3 km line. The expansion project also includes 5 underground stations, a high voltage station (HVS) and an operations & maintenance workshop. The Egyptian Ministry of Transportation has announced various award packages for a total value of approximately EGP 1.3 billion + EUR 418 million. OCI is a member in three separate consortiums / joint ventures which have received awards on this first phase of the expansion project which is the first of several envisioned phases. The civil works package was awarded to a Vinci / Bouygues / Arab Contractors / OCI joint venture for a total value of EUR 130 million + EGP 895 million. The electromechanical works package was awarded to a consortium consisting of AMEC Spie, OCI, Arab Contractors and Alstom Egypt for a total value of EUR 81 million + EGP 303 million. The track works package was awarded to a Foslo / OCI joint venture for a total value of EUR 10 million + EGP 37 million.write your comments about the article :: © 2007 Construction News :: home page |