Bombardier consortium wins Egyptian monorail deal with UKEF backing

A consortium led by Bombardier Transportation confirmed a deal with the Egyptian Government to build two monorails, backed by a £1.7 billion guarantee from UK Export Finance. Bombardier will invest in its Derby manufacturing centre to build the trains, supporting 100 UK jobs.

“A consortium led by Bombardier Transportation has confirmed a deal with the Egyptian Government to build two new monorails thanks to £1.7 billion backing from UK Export Finance.”gov.uk

• 1 source
• gov.ukUK Export Finance unlocks trade to Egypt and supports UK jobs with £1.7bn guarantee - GOV.UKUK Export FinanceJan 20, 2021

Summarized from public sources; check the original articles before acting on it.