Skip to content
Search

EgyptBusiness & Economy

Seven garages in Cairo working by B.O.T system

Originally published

The Egyptian government intends to float a bid to establish seven car parking decks (garages) in Cairo, which will work on the B.O.T. (build-operate-transfer) system. A source in Egyptian government told ArabicNews.com that the work has actually begun in establishing the multi-floor garage at El-Darasa, and it will be completed within 30 months, while the governorate will obtain $90 million dollars as usufruct

The aim of establishing these garages is to end the traffic jams on streets and main roads, especially in downtown Cairo.

Previous Stories

More from Egypt More Business & Economy