VINCI Construction Grands Projets successful bidder on line 3 of Cairo metro

11 January 2007 - New contracts - Egypt

VINCI Construction Grands Projets, leader (with 28,5%) of a consortium comprising Arab Contractors (27,5%), Bouygues(26%), and Orascom (18%), has been designated successful bidder on the civil engineering contract for the first phase of Cairo’s metro line 3, an east-west line between the city centre and the airport.

The contract, worth approximately €250 million, covers the construction of phase 1, which involves 5 km of tunnels and five underground stations. When complete, the third line of Cairo’s metro will be 33 km long and have 29 stations. It will link the airport, located 22 km to the north-east of the city, to Giza’s Mohandessin district.

Phase 1 of this line is scheduled for opening in 2011 after 48 months of construction work. It will increase the network to a total of 100 km and should contribute to relieving traffic congestion in the city. By 2020, the Cairo metro will carry 5 million passengers a day.

This new contract reflects the confidence that Egypt’s Ministry of Transport has shown in VINCI for almost 20 years.

The first line of the Cairo metro was built by VINCI in the early 1980s and now carries over 1.4 million passengers a day. The second line, also built by VINCI, was opened in the mid-1990s. Covering 22 km between Shubra El Kheima and Giza, it has 20 stations, of which 12 are under ground.

This successful outcome illustrates VINCI’s ability to execute turnkey metro projects. In addition to lines 1 and 2 of Cairo’s metro, the company’s recent prestigious contracts in this field include the metros in Budapest, Algiers, Athens, Hong Kong, Rennes and Paris (line 14).

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.