Bombardier signed a memorandum of understanding with the Egyptian government to develop a plan for the new Cairo Metro Line 6, a project that could cost up to $4 billion. The deal, which was signed between the Egyptian Company for Metro Management & Operation (ECMMO) and Bombardier, stipulates that at least 40 percent of the materials used must be produced in Egypt, thereby promoting local manufacturing.

Line 6 will span 20 km with 24 stations, 12 of which will be underground. The proposed Line 6 will run from northern Cairo, near the ring road, then head south, passing through Greater Cairo's Shubra El-Kheima and New Maadi, ending at the start of Ain El-Sokhna Road. Line 6 will have the capacity to carry 500,000 passengers per day. The implementation of the metro's Line 6 is to reduce pressure on Line 1, whose current capacity is to carry 1.8 million passengers, but it in facts carries 2 million passengers a day. Line 6 will intersect with Line 1 at Ghamra station and Line 4 at Fustat station.

Bombardier will spend the next six months developing a concept plan for the construction of Cairo’s proposed Line 6. The concept plan will include technical and financial studies, as well as look at potential partnerships for other aspects of the project that Bombardier would not be involved in, such as laying down tracks or building tunnels. On January 2016 the Ministry of Transportation signed a memorandum of understanding with China Railway Construction Corp for the construction of Cairo metro Line 6. Completion date for the Line 6 is yet to be announced.

For further information please visit http://business.financialpost.com, http://mot.gov.eg/, http://www.nat.org.eg and http://www.bombardier.com. 29/17.