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Egypt’s government nods to Alexandria Metro’s agreement

Egypt’s government nods to Alexandria Metro’s agreement

ArabFinance: The Egyptian Cabinet approved a presidential decree approving the simple agreement between Egypt and the French Development Agency (FDA) to fund the Alexandria-Abou Qir metro project, according to an official statement on September 28th.

The project includes upgrading 21.5-kilometers railways in Alexandria and installing electricity cables and equipment to transform them into a metro line.

The project also comprises conducting civil works, building warehouse utilities and bridges, and issuing tickets.

The project will improve the level of service and offer an efficient transportation means with low carbon emissions.

 

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