European Investment bank

EIB provides 500mn$ fund for Egypt’s Cairo Metro Project

Written by Shivani Paturkar. Date of post: . Leave a comment Posted in Public Transportation ProjectTagged , , , , , , , , , Leave a comment

The Egyptian Government has been successful to secure US$500 million in funding from the European Investment Bank (EIB) to support the establishment of the first Cairo Metro line project. The Transportation Minister of Egypt Hesham Arafat has announced that the EIB funds will help them develop the first Cairo Metro line on the Helwan-Marg corridor. […]