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CAIRO | Cairo Monorail | Largest Monorail System in the World | 52km | 42 stations | $3.2bn | Cancelled

11K views 24 replies 9 participants last post by  egypt69 
#1 ·
An Interview with the minister of transport.

Cairo- Asharq Al Awsat interviews E.J Miller, the president of Intercontinental Commerce Corporation (ICC) that is to oversee a new project to establish a monorail system in Egypt. The project will serve daily commuters especially low-income workers who travel between the areas of Cairo, Giza and 6 October City. According to our report, ICC has caught the interest of US Ex-Im Bank to provide support for over $2 Billion US Dollars (USD) for the Monorail rolling stock. Guggenheim's Private Investment and Banking Group with assets of over $89 Billion was designated by ICC to act as a financial advisor and planner. IBM will provide system integrations and Arab Contractors will provide civil engineering and construction services for the Monorail track and cement works. Major monorail manufacturers are putting in proposals to provide rolling stock using the highest technology including Siemens, Hitachi, Frazer-Nash, and Bombardier. Ninety percent of contractors will be Egyptian, including 5000 Egyptian workers to be employed during the five year construction period. 2000 Egyptian workers will be employed as technicians and system operators and will receive training in the U.S., Europe and Japan.

ICC has received an exclusive mandate from the Government of Egypt to develop the Cairo Area Transit System project (CATS) in the Cairo and Giza governorates, currently being reviewed by the Egyptian government. “CATS” will be a Private-Public Partnership (PPP) between CATS and the Egyptian Railways Authority (ERA) at no cost to the Egyptian government. ICC has already completed the feasibility study, concept design, and research into finance and commuter patterns which have been presented to the Government of Egypt with a set plan to implement the project.

In the first phase, the new hi-tech monorail will travel on an elevated beam without interfering with surface traffic, according to Miller. He stated that, “Monorails are safer, quieter, and better for Cairo’s environment.” The CATS project comprises the building, design, ownership and operation of the Monorail Transit System starting at the intersection of Port Said Road and Rasmis Street, travelling southwest on Port Said Road across the northern tip of Al Manial Island, down Al Manial Street, across the Nile on the Roda Street bridge and then proceeding down Al Haram Street to the Pyramids area. A spur will then attach to the main trunk line and proceed north onto Cairo Alexandria Road to loop at the new Museum Hotel. The main trunk line will proceed on to 6 October. The Transit System will transport 1.25 million commuters daily from the Cairo and Giza governorates over approximately 52km and passing through 42 stations. The project also includes the development of hotels to compliment the Grand Egyptian Museum and several shopping centers along the route. The system will also connect the central Cairo area directly to the Pyramids where the two hotels are to be built. The monorail will be stationed inside the main lobbies of both hotels where tourists who visit the Pyramids will be able to rest comfortably after visiting the Pyramids and will be able to return to their hotels in Cairo within 15-20 minutes, avoiding heavy traffic which currently hinders tourism substantially. Miller stated that he expects at least one million tourists to use the monorail facilities to visit the Pyramids area and return annually. One of the hotels will be next to the Grand Egyptian Museum where visitors will have direct access to the museum avoiding stressful means of transport that may take hours to reach the Pyramids and return.

The interview with E.J Miller, president of the Intercontinental Commerce Corporation proceeded as follows:

Q: Why did you decide to take on this project in Cairo?

A: Cairo has one of the most difficult transport systems in the world. I was invited by the Minister of Transport to study the possibilities of providing transport systems without subsidies from the government and public funds.

Q: What is the current status of the project?

A: We are conducting comprehensive technical, economical, and commutership studies and based on mandates from the government, I have provided the government with results of the studies together with how funding and investments for $3.2 million USD will be provided, for review by the office of the Prime Minister and to commence implementation.

Q: How will low-income workers in the 6 October area benefit?

A: Every day, hundreds of thousands of low income workers commute from Cairo to 6 October City and back spending 4 hours of their productive time in heavy traffic everyday. The monorail system will reduce travel time to 20 minutes each way giving workers an additional 3 hours to produce more income or spend with their families.

Q: What is the cost of this project for the government of Egypt?

A: At present, the Egyptian government is subsidizing up to 80% of its cost of its underground metro transport, which is a heavy burden on the annual budget of the government. Our monorail project is based on economic factors as a private investment from which the government will receive 20% of the projects shares without any investments whatsoever.

Q: How many new jobs will be created for Egyptians?

A: During the construction period, we expect to employ up to 5000 Egyptian workers and after completion and during operation, we will have at least 1000 permanent Egyptian employees. In addition, by creating thousands of new side businesses connected to the monorail operation including shopping centers, station operators, and other related facilities that are needed to support the system, we expect employment opportunities for several thousands more.

Q: Besides the monorail system, what other facilities are expected to be constructed within the project?

A: In stage one, the project will involve the establishment of at least 42 stations, and 2 hotels, two major shopping centers, and a major complex in 6 October City which will include a test track for the monorail assembly, repair and assembly depot, and one thousand new housing units for low income workers.

Q: Who will provide the rolling stock and monorail systems?

A: This is a large and complex project and has to be built within the limits of time and therefore we will consider several suppliers of monorail rolling stock which will include Siemens, Hitachi, Bombardier, Frazer-Nash and Alstom who have been interviewed and are pre-qualified to undertake such a project.

Q: Has any similar monorail project been constructed in the region as of yet?

A: No, not only has their not been a monorail system constructed in the Middle East and the Arab world, but also this monorail system in Cairo will be the largest in the world.
 
#3 ·
no, lol. I just summed up the investments lool.

ICC has caught the interest of US Ex-Im Bank to provide support for over $2 Billion US Dollars (USD) for the Monorail rolling stock. Guggenheim's Private Investment and Banking Group with assets of over $89 Billion was designated by ICC to act as a financial advisor and planner
so I added 2 with 89 lol which gave me 91. I think i totally misunderstood it. but hopefully we will know the cost I will search for that now. thanks for pointing out.
 
#4 ·
The company will invest 3.2 bn $ in the project, so it is the cost.
89 bn $ is the assets for ICC, and it has nothing to do with this particular project.
It is propsed since Dec 2006, with no signs of approval. :cripes:
 
#7 ·
loooooooooooooooooooooooooooooooooooooooooooooooooooooool
ridiculous
:bash::bash::bash::bash:
why not buy some buses first? or pave all of cairo's 'slum-areas'/'a7ya2 sha3biyya'? or build a decent metro system? or stop trains from crashing into each other so often? or build a dual carraigeway down to aswan? or improve the road system to comply with international standards? MONORAIL?! :nuts:
To me this is an announcement someone wants to steal their last bit of money before the govt is out of action :lol:
 
#8 ·
Half of the stuff you said there isn't the government of transport problem and almost all of them are already under construction as this is built by investors not by the government.
 
#21 ·
It is the government's responsibility to direct investment for the country's benefit.
Do you really believe that investing in a monorail which would cost the price of several normal elevated metro lines for example is reasonable?
I mean it almost certainly won't happen anyway, but it is ridiculous to consider this an acceptable proposal when there are much cheaper more effective options for transport.
If corporations were to have free reign then why bother with government, just employ a silencing law-enforcement agency to defend the corporations
(oh.. wait..)
:shifty:
 
#9 ·
I believe CHANGING our intercity train system is more important than this monorail.
I don't like calling the monorail extravagant because we are Egyptians and we deserve the best (especially when the government isn't going to pay a pound).
 
#10 ·
lol true. and it will be limited I mean not all Egypt is Benefited! but at the end it's been built by investors it's totally there choice to choose the city as Cairo have 10million so they going to earn more so that how they calculate it they don't see anything except there benefit. the rest is the government problem and they are pretty bad at it. a new Rail system is essentially needed or an alternative.
 
#18 ·
#20 ·
if you read the article by al ahram it say it all. 3 years from when they going to start that article was in October 2009 and they said the English company is about to finish it's research or what ever and they already approved 1 line 2 line now left and i think finished them. construction should start this year isA so that's done in 2013 ;)

and al ahram is a very reliable source don't you agree?
 
#22 ·
I do agree with you. but do you really believe in the government we have now? i mean for a second i felt you did.

but I think they look at these kind of stuff in different way. Monorail = More employment, faster and safe transport. an end for traffic problem (I think this will get even more people to cairo but...) and most importantly for them the income they take in there pockets haha.

but to be honest it still have it's benefits. at least it's going to be elevated which mean more space for cars to move around.

but good point there and it wont apply to the current government haha.

TBH I'd rather have more advanced rail system then have this when essential problems are done. but if investors came this time to invest next time they will prefer someone else so it's like either now or after million of years.


Edit: for cost these monorails were half the price 5 years ago when they where proposed and even less than half the price. as I don't think this would be more expensive than the Metro as you talk about 42 Station and 52km The largest monorail system in the world as they call it.
 
#23 ·
6TH OF OCTOBER | Monorail | Proposed

Monorail - Giza 6th 'oct Line.​

Bad translation V_v

Malaysian company maintains Monorail between Giza and 6th of October

Dr. Ibrahim Ashmawi Assistant Minister of Investment and Chairman of the Center to prepare the leaders to visit each from Malaysia, Singapore and the United Arab Emirates targeted in the first place.
Follow-up visits by Dr. Mahmoud Mohi Eddin, Minister of the previous investment of these countries and follow-up that led to the Engineer Rashid Mohamed Rashid, Minister of Trade and Industry and the supervisor of the Ministry of Investment.
He said in a news conference yesterday that a report on this visit to be submitted to the Engineer Rasheed Mohamed Rasheed, especially as the results of the visit comes as part of the things that interested them, and most important that the increase in growth rates can only be achieved through increasing the volume of foreign investment, and the target its $ 20 billion over the next three years, and also increase employment opportunities to reduce unemployment and increase competitiveness and increase the productivity of the individual.
He added that the visit to Malaysia which resulted in the signing of a memorandum of understanding with the University of Tun Abdul Razak a view to cooperation in the field of training and rehabilitation, skills development and transfer of expertise, and the approval of the unity of the partnership between the public and private sectors of Malaysia of the Council of Ministers on cooperation with the unit engaged in similar practices in the Ministry of Investment, and the implementation of programs of the twinning between the two and also consent to the study of some cases which were put to work closer to some companies, public enterprises that have succeeded because of the influx of more investment, as well as documentation of some companies that are transferred to the private sector, pointing out that the National Institute of Public Administration Malaysia has agreed to sign the agreement with the Centre for the twining of the leaders in order to transfer experiences and administrative leadership.
He explained that the University of Malaysia has agreed to provide specialized courses for officials in the public sector and the granting of degrees different and also the consent of a group Scomi Malaysia, which is the largest company engaged in the rail, monorail and the size of its investments outside Malaysia U.S. $ 4 billion to establish a project monorail in cooperation with the Ministry of Transport to link governorates of Giza and 6th of October.
He pointed out that he was agreed with the Authority of Singapore Investment to organize a round table on 14 January for 20 heads of boards of directors of Malaysian companies that have the desire to invest in Egypt's residence, Ambassador Nasser Al-Hamdi, Egypt's ambassador in Singapore, followed by the organization visit of the delegation of Singaporean businessmen to Egypt to get acquainted with the possible opportunities for cooperation, adding that company Semelia Singapore confirmed its willingness to invest in Egypt.
In a different context, Dr. Ibrahim al-Ashmawi with the Kenyan delegation which visited the Centre at the initiative of the Egyptian Foreign Ministry opportunities for joint cooperation between Egypt and Kenya.
شركة ماليزية تقيم مونوريل بين الجيزة و‏6‏ أكتوبر

أكد الدكتور ابراهيم عشماوي مساعد وزير الاستثمار ورئيس مركز اعداد القادة ان الزيارة التي قام بها لكل من ماليزيا وسنغافورة والامارات العربية المتحدة استهدفت في المقام الاول.
متابعة الزيارات التي قام بها الدكتور محمود محيي الدين وزير الاستثمار السابق لهذه البلدان والتي آلت متابعتها الي المهندس رشيد محمد رشيد وزير التجارة والصناعة والمشرف علي وزارة الاستثمار‏.‏
وقال في مؤتمر صحفي امس ان هناك تقريرا عن هذه الزيارة سيقدمه الي المهندس رشيد محمد رشيد خاصة ان نتائج الزيارة تأتي ضمن الامور التي يهتم بها‏,‏ ومن اهمها ان زيادة معدلات النمو لن تتحقق إلا من خلال زيادة حجم الاستثمارات الاجنبية‏,‏ ومن المستهدف لها‏20‏ مليار دولار خلال السنوات الثلاث القادمة‏,‏ وأيضا زيادة فرص التشغيل لتقليل معدلات البطالة وزيادة التنافسية وزيادة انتاجية الفرد‏.‏
وأضاف ان زيارة ماليزيا اسفرت عن توقيع مذكرة تفاهم مع جامعة تون عبدالرزاق بهدف التعاون في مجال التدريب والتأهيل وتنمية المهارات ونقل الخبرات‏,‏ وموافقة وحدة الشراكة بين القطاع العام والخاص الماليزية التابعة لمجلس الوزراء علي التعاون مع الوحدة المثيلة لها في وزارة الاستثمار‏,‏ وتنفيذ برامج للتوأمة بينهما وايضا موافقتهم علي دراسة بعض الحالات التي تم خصخصتها لعمل توثيق لبعض شركات قطاع الاعمال العام التي نجحت بسبب ضخ مزيد من الاستثمارات بها‏,‏ وكذلك توثيق لبعض الشركات التي انتقلت ملكيتها الي القطاع الخاص‏,‏ مشيرا الي ان المعهد القومي للادارة العامة بماليزيا وافق علي توقيع اتفاقية للتوءمة مع مركز إعداد القادة بهدف نقل الخبرات وتحقيق الريادة الادارية‏.‏
وأوضح أن جامعة ماليزيا وافقت علي تقديم دورات متخصصة للمسئولين في القطاع العام ومنح درجات علمية مختلفة وايضا موافقة مجموعة سكومي الماليزية والتي تعد اكبر شركة تعمل في مجال القطارات والمونوريل ويبلغ حجم استثماراتها خارج ماليزيا‏4‏ مليارات دولار علي اقامة مشروع المونوريل بالتعاون مع وزارة النقل لربط محافظتي الجيزة و‏6‏ اكتوبر‏.‏
وأشار الي انه تم الاتفاق مع هيئة الاستثمار السنغافورية لتنظيم مائدة مستديرة يوم‏14‏ يناير المقبل لعدد‏20‏ من رؤساء مجالس ادارات الشركات الماليزية التي لديها الرغبة في الاستثمار في مصر بمقر اقامة السفير ناصر حمدي سفير مصر في سنغافورة‏,‏ ويعقب ذلك تنظيم زيارة لوفد رجال الاعمال السنغافوريين لمصر للتعرف علي فرص التعاون الممكنة موضحا ان شركة سيميليا السنغافورية اكدت رغبتها في الاستثمار بمصر‏.‏
وفي سياق مختلف بحث الدكتور ابراهيم عشماوي مع الوفد الكيني الذي زار المركز بمبادرة من وزارة الخارجية المصرية فرص التعاون المشترك بين مصر وكينيا‏.‏
http://www.ahram.org.eg/347/2010/11/10/5/47809.aspx
 
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