May 16, 2020

Bechtel delivers one of the Largest Infrastructure Construction Projects in the US

Bechtel
US Construction
Dulles Corridor Metrorail Project
Bechtel
Admin
2 min
Bechtel delivers one of the Largest Infrastructure Construction Projects in the US
Tens of thousands of people in the Washington, D.C. region are now travelling on the newest rail line built by a Bechtel-led team after Phase 1 of the D...

Tens of thousands of people in the Washington, D.C. region are now travelling on the newest rail line built by a Bechtel-led team after Phase 1 of the Dulles Corridor Metrorail Project, also known as the Silver Line, consisting of 11.7 miles of track and five stations, connecting to the region’s existing metro system, opened to the public July 26.

The design-build agreement was worth $1.6bn.

Peter Dawson, President of Bechtel’s global civil infrastructure business, said: “To build a project of this scale safely in such a busy urban environment is a testament to the dedication and skills of everyone involved. Collaboration with our customer, local businesses, and the community has been integral to the project’s success and we thank them for their support.”

Bechtel-led Dulles Transit Partners is the design-build contractor for Phase 1 of the Silver Line for the Metropolitan Washington Airports Authority. One of the largest and most complex rail construction projects in the United States in recent memory, the rail line includes six miles of elevated track and a tunnel beneath one of the busiest retail areas in the country.

Riders can expect an enhanced passenger experience as a result of state-of-the-art technologies, and innovative design and construction.
Bechtel has delivered some of the largest rail projects in the world, including the San Francisco Bay Area Rapid Transit system, Athens Metro in Greece, and High Speed 1 in the United Kingdom. It is currently working on Crossrail in London, the Riyadh Metro, and the Rio de Janeiro Metro. 

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Jun 16, 2021

France to invest €1.8bn in Egypt’s infrastructure

AFD
Infrastructure
investments
projects
2 min
France is making a €1.8bn investment into Egypt’s infrastructure with upgrades to the Cairo Metro and a railway to Sudan

France will invest a total of €1.8bn into Egypt’s infrastructure focusing specifically on upgrading the Cairo Metro, building a railway to Sudan, and developing water and energy schemes. Officials have called the investment a “major boost to bilateral cooperation”. 

The Cairo Metro

Included in the financing is a concessional government loan of around €800mn to upgrade Line 1 of the Cairo Metro, introduced in the 1980s. The financing will pay for 55 trainsets for the line and is provided by the French engineering company, Alstom.  

Line 6 is also due to be upgraded using further state-guaranteed loans worth up to €2bn. Bruno Le Maire said that this would be negotiated over the next six months. France and Egypt have worked in close cooperation ever since Abdel Fattah al-Sisi became president in 2014, despite differences over human rights and strong criticism of Egypt by rights activists and some foreign states.

Nine more projects over the next half a decade

A further €1bn from France’s development agency, Agence Française de Développement (AFD), aims to cover a range of other projects over the next half a decade. 

These projects include a railway line between Aswan, southern Egypt, and Wadi Halfa in Sudan, as well as several projects in the renewable energy and water purification industries. Bruno Le Maire, France’s Finance Minister, said Egypt was a “strategic partner and commercial dealings with it would be developed. France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans,” he said.

According to Le Maire, the AFD will also €150mn to support the construction of a universal health insurance programme. French contractors such as Vinci and Bouygues have a long history of working on the Egyptian capital’s underground system. 

Talking about the relationship between France And Egypt, Le Maire concluded: “France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans”. 

Image: MEED

 

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