Egypt tunnel project commencing

Two of Egypt’s largest construction firms will carry out work on a new tunnel link under the Suez Canal. Arab Contractors and Orascom will build the tunnel connection, with twin tubes for motor vehicles and a third link for rail, with the work due for completion in 2018. The work is expected to cost in excess of US$2 billion, although the share of the deal between the two firms has not been revealed. The work forms part of the Suez Canal Corridor Area Project, which was first announced in 2014 and is intend
September 26, 2016 Read time: 1 min
Two of Egypt’s largest construction firms will carry out work on a new tunnel link under the Suez Canal. Arab Contractors and Orascom will build the tunnel connection, with twin tubes for motor vehicles and a third link for rail, with the work due for completion in 2018. The work is expected to cost in excess of US$2 billion, although the share of the deal between the two firms has not been revealed. The work forms part of the Suez Canal Corridor Area Project, which was first announced in 2014 and is intended to develop the economy and transport links between the cities of Port Said, Ismailia and Suez.
Road Structures

Related Content

  • More studies for the Great Istanbul Tunnel under the Bosporus
    March 11, 2019
    Work has started on a geological condition field study for a proposed 6.5km three-deck road and rail tunnel under the Bosporus Strait in Istanbul, Turkey. Average daily road traffic through the Great Istanbul Tunnel is expected to be 120,000 vehicles and the rail line will move around 75,000 people daily. The tunnel, announced in 2015, will be nearly 19m in diameter and have two road levels and one rail level. It will run between Gayrettepe on the European side and Küçüksu on the Asian side. The ci
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More
  • Russia’s US$28 billion road and bridge works
    November 29, 2013
    A series of major transport projects worth a combined value of over US$28 billion are set to significantly enhance connectivity between various parts of Russia. These include the Moscow-St Petersburg highway, work to the transport system in the Rostov region and two new bridges: one over the Belaya river in Ufa, the other over the Kama river in Izhevsk. The tender process for the $4.46 billion contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announc
    Read More
  • Kenya’s new road connection for port
    December 1, 2017
    Kenya is on track to build a new highway connection from the port of Lamu to Isiolo. The project is for a 530km highway and will cost US$620 million, with the route running through Garissa. The final route has yet to be identified but it seems likely that the highway will skirt a number of the country’s protected areas that are subject to tight environmental requirements and on which Kenya relies for much of its tourist trade. The project will be carried out by the Lamu Road Consortium (LRC), which comprise
    Read More

Highlighted Content