Egypt; Fund from Gov't for Cairo-Alexandria Road

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Alexander
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Egypt; Fund from Gov't for Cairo-Alexandria Road

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TRANSPORT: EGYPT; FUNDS FROM GOV'T FOR CAIRO-ALEXANDRIA ROAD

The Egyptian government has allocated a sum of 1.3 billion pounds (over USD 234 million) for the second stage of the Cairo-Alexandria 'free' road, the Transport Minister, Mohamed Lotfi Mansour, said. In press statements, the minister said the General Authority for Roads, Bridges and Land Transport has invited tenders for the fifth and sixth phases of the second stage, with major contracting companies showing interest. He said that the authority had entrusted the Arab Contractors Company, one of the national companies, with carrying out the seventh part of the second stage at investment costs amounting to 700 million pounds. The minister said that the Cairo-Alexandria desert road is an ambitious project carried out by the Ministry of Transport to establish a network of "free roads" running a length of 1,524kms until 2011 to increase the efficiency of roads across the country.

Quelle: ANSAMED

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Alexander
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