Ramboll secures design and support contract for 22km Mumbai bridge
The contract requires Ramboll to provide...
Leading Danish engineering company Ramboll has secured a new major contract for the Mumbai Trans Harbour Line.
The contract requires Ramboll to provide detailed design services and technical support for the project that will become India’s longest sea bridge.
At a length of 21.8km, the bridge will feature a six-lane highway and two emergency exits, providing full time employment for 50 bridge experts.
“We are incredibly pleased to be awarded this prestigious project,” says Lars Thorbek, Global Division Director for Major Crossings at Ramboll.
“It is in line with Ramboll’s new strategy to extend our activities with major crossings, bridges and tunnels globally and will help strengthen our position as a significant international player in bridge design.”
The construction of the bridge, set to begin later this year, will cost approximately $2.2bn, with completion expected for the end of 2022.
Ramboll expects that once the bridge is operational it will cater to 62,000 car units daily which is later expected to increase to 200,000 should Navi Mumbai International Airport become operational.
France to invest €1.8bn in Egypt’s infrastructure
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”.