EIB to finance transport projects in Egypt at 1,128 bln euros ...Egypt

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EIB to finance transport projects in Egypt at 1,128 bln euros
Egypt and the European Investment Bank (EIB) agreed to finance a number of projects within the Infrastructure Framework Agreement worth 1,128 billion euros, such as the rehabilitation of the Raml tram in Alexandria at a value of 138 million euros, the Abu Qir-Alexandria railway electrification project at a value of 750 million euros, and the rehabilitation of the second metro line at a value of 240 million euros. Minister of Transport, Kamel al-Wazir, received at the headquarters of the Ministry of Transport in the new Administrative Capital, a delegation from the EIB, headed by Lionel Rabi, Director of Finance in the European Union Neighboring Countries. The meeting was attended by heads o

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