CAIRO: French rail consultancy firm Systra has won a bid to oversee the establishment of a 17.7-kilometer metro line from Ataba to Imbaba, an official source at the National Authority for Tunnels (NAT) told Youm7 Wednesday.
The contract will be signed during French President Francois Hollande’s visit to Cairo next week, the source said.
The Third Phase of Cairo’s Third Metro Line is comprised of 15 stations, which includes both underground and above-ground stations.
A soft loan of 900 million euros provided by the French Development Agency and the European Investment Bank will fund the project, the source said.
A contract with French company Vinci will also be signed during Hollande’s visit to implement the civil engineering and digging works of the Third Phase, according to the source.
NAT previously announced the digging works would be launched in July.
The Third Phase extends from Ataba to Rod el-Farag corridor, passing through Al-Kit Kat up to Cairo University station of line 2.
It will connect Imbaba and Mohandiseen west of the Nile, and pass under the Nile River to Zamalek and continue to Attaba, Abassiya, Cairo Stadium, Heliopolis and Cairo Airport.