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from COLAS (EPA:RE)

PR Colas - Colas Rail consortium wins Aboukir metro project

imageimage                                                                             Paris, November 6, 2023

 

Colas Rail consortium wins Aboukir metro project

 

 

Colas Rail, in consortium with Orascom Construction, has secured a contract from Egypt’s National Authority for Tunnels (NAT) to build the new metro in Alexandria, Egypt. The total contract value amounts to €1.3 billion, of which €320 million for Colas Rail. 

 

The new metro system will link the center of Alexandria, Egypt's second largest city, to the town of Aboukir, to the north-east. Spanning a total of 22 km, it will serve 20 stations, a vital step in modernizing the region's railway network by providing safer, more reliable transport infrastructure. As part of the European Bank's Green City Program, the project aims to alleviate traffic congestion and reduce greenhouse gas emissions in Alexandria, a city with a population of 5 million.

Colas Rail, in partnership with Orascom Construction, will be responsible for the design, supply, installation, testing and commissioning of the track, power supply, signaling, telecommunications, depot equipment and integration of all rail systems.

The construction for Colas Rail’s scope of this new metro will employ more than 1,000 people at peak. Work is scheduled to start in 2024 and will take thirty months to complete. 

After more than 40 years in Egypt, this new contract confirms Colas Rail's position as a leader in complex projects in the country, as evidenced by the construction of Cairo metro lines 1, 2, 3 and 4 for NAT alongside Orascom Construction.

 

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imageimage Colas Rail is very proud to have been chosen once again by NAT, alongside its long-standing partner Orascom Construction, for its skills as a system integrator at the service of the Egyptian people and the magnificent city of Alexandria.  image

Hervé Le Joliff, Chairman of Colas Rail.

 

image    Colas (www.colas.com)

 Colas, a subsidiary of the Bouygues Group, has one mission: to imagine, build and maintain sustainable transport  infrastructure. Backed by a network of 900 construction business units and 3,000 material production units in more than  50 countries on five continents, the Group’s 58,000 employees act locally to connect communities and foster exchanges  for today and tomorrow.  Colas’ ambition is to be the world leader in innovative, sustainable mobility solutions.   

           In 2022, consolidated revenue at Colas totaled €15.5 billion (60% outside of France).   

 

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