Assigning 90 km of the project to “Orascom” and the remaining 20 kilometers to “Moonlight”
Orascom Construction Plc and Moon Light Contracting have started implementing works to develop and upgrade the efficiency of the Cairo-Alexandria Desert Road, at a cost of EGP 1.2 billion, with a length of 110 km.
Sources close to the project said that Orascom is carrying out about 90 km of the project’s works, and the remaining 20 km have been assigned to Moon Light Contracting and Construction.
The sources added that the development process will start from the 80th kilometer in the direction of Alexandria to the gate of the governorate itself, explaining that the Engineering Authority of the Armed Forces is the authority for supervising and engineering consultancy for the implementation of the project and development work.
It is worth noting that the Cairo-Alexandria desert road has been developed over the past decade and witnessed its transformation into a free road without intersections, and its management and operation under the usufruct system was assigned to the National Roads Company for a period of 50 years from 2013.
In 2007, the Egyptian government set a plan to develop the road and convert it to a free road at an estimated cost of 2 billion pounds, at the time, by the Public Authority for Roads, Bridges and Land Transport, and it was announced at that time that the road development work would be completed and delivered within a maximum period of August 2010.
The project suffered a two-year stoppage due to the lack of funding allocated by the ministry, which doubled the size of the losses, and the expenditure on the project reached 4.2 billion pounds, after the initial estimates of the size of the project indicated an amount of 2 billion pounds, according to the statements of Dr. Ibrahim Al-Demiri, the former Minister of Transport. , While inspecting the project,
This prompted the Ministry to study the completion of the project by making a comparison between two options, namely that the BOT system would be offered to the private sector, or the armed forces would implement the remainder of it.
In October 2013, the Council of Ministers approved a “commitment grant” to complete, manage, operate and maintain the Cairo-Alexandria Desert Road to the National Company for Roads and Bridges Construction and Development, after the General Authority for Roads and Bridges began implementing the road development project since 2007 and the contract decision stipulated that the Ministry of Defense shall pay out of the net revenue. The annual road to the Ministry of Transport as of the date of the administrative receipt of the road.
The article The start of the implementation of the works to develop the Cairo-Alexandria Desert Road, at a cost of EGP 1.2 billion, was written in the Stock Exchange newspaper