Privately-owned Chinese car making company BYD announced Tuesday plans to build a straddle-beam monorail, or ‘sky rail,’ transit system in Egypt’s second city Alexandria, China’s official press agency Xinhua reports.
The company said it inked an agreement on October 21 with Alexandria’s transportation authority to construct a 128-kilometer single rail track. Compared to the current 32-kilometers-long tram system in the city, the monorail would be four times that length.
No details of the total value of the project have been revealed yet. However, the carmaker stressed that, compared to an underground subway system, a monorail requires just one-fifth of the building cost and one-third of the construction time.
Chinese Carmaker to Build Massive Monorail System in Alexandria