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Sat July 20 2024

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Egypt gets funds for next stage of Cairo metro

4 Jan 16 The European Investment Bank (EIB) is lending €200m towards the next phase of metro construction in Greater Cairo.

Financing agreements for the loan were signed last week in the presence of Egypt’s ministers for transport and international cooperation.

The project is part of Greater Cairo’s Transport master plan and involves the design, construction and commissioning of Phase 3 of Line 3 of the city’s metro system, civil works, rolling stock and a new stabling area.

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