Firms seek Infrarail stake
International companies have submitted proposals for a stake in Infrarail, the rail infrastructure subsidiary of state rail company Societe Nationale des Transports Ferroviaires (SNTF). Offers were submitted by Egypt's Orascom Construction Industries, Sateba Systemes Vagneux and Seco-Rail, both of France, Alstom Algerie, Spain's OHL, Turkey's Yapi Merkesi, Portugal's Mota Engil and Russian Railways. The companies will be asked to make their official acquisition bids within three months.
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