$344.5mn in financing for electric express train project in Egypt green-lit by IsDB ...United Arab Emirates

Projects worth US $403mn have been approved by the Islamic Development Bank (IsDB) in its member countries including Egypt, Kyrgyzstan and Tajikistan to help boost their infrastructure. One of the key projects given the greenlight was $344.5mn in financing for Phase I of the Electric Express Train Project in Egypt. According to IsDB, the project is being implemented to provide access to safe, affordable, accessible and sustainable transport systems for all by developing a 660km sustainable, green, and climate-resilient electric express railway system. The project is expected to benefit 25m people annually and decrease greenhouse gas (GHG) emissions by approximately 250,000t of CO2 annually.

Hence then, the article about 344 5mn in financing for electric express train project in egypt green lit by isdb was published today ( Monday 03/04/2023 - 07:32 AM ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 03 April 2023 clock 07:32 AM

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$344.5mn in financing for electric express train project in Egypt green-lit by IsDB ...United Arab Emirates

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