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Company News

Bombardier consortium wins $4.5 bln monorail contract

Aug 5 (Reuters) - A consortium of Bombardier’s rail division , Orascom Construction and Arab Contractors said on Monday it had won a contract to supply and operate two monorail lines in Egypt for $4.5 billion.

Bombardier Transportation’s share of the contract will be$2.85 billion and the consortium will be responsible for the operation and maintenance of both lines for 30 years. (Reporting by Arundhati Sarkar in Bengaluru; Editing by Anil D’Silva)

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