NAT contracts with Misr Insurance to secure import of third metro line equipment
The National Authority for Tunnels (NAT) has assigned the works of maritime supply of the equipment and materials to be imported for the fourth phase of the third metro line to Misr Insurance Company for EGP 1.4m.
According to an official at NAT, the decision to contract with Misr Insurance came after the former accepted the offer of the latter, as well as the financial report it submitted in August.
The NAT has previously assigned the contract for supply and installation of the automatic fair collection (FAC) of the third phase of the third line to French Thales Group.
Additionally, the NAT also assigned the contract for the implementation of rail works of the third metro line to the ETF-ORC-TSO alliance, whose bid the NAT favoured over the one made by French company Colas Rail.
The NAT’s plan is to implement six new metro lines by 2032, in order to link Greater Cairo with all of its suburbs.
The Greater Cairo metro serves more than 4 million passengers a day on the first line, Helwan-Marg, on the second line, Munib-Shubra, and on the completed stations of the third line.
The decision to contract with Misr Insurance came after the former accepted the offer of the latter