News dalla rete ITA

21 Giugno 2018

Egitto

ERBD APPROVES €200M LOAN FOR CAIRO METRO LINE 1 UPGRADE

ERBD approves €200m loan for Cairo Metro Line 1 upgradeEuropean Bank for Reconstruction and Development (EBRD) has approved  a loan of  EUR 200 million to develop Cairo Metro Line 1.ERBD is set to explore the decision of extending the targeted funds to upgrade the Metro Line 1 on the 18th of June so as to grant it to the ministry of transportation during the next two months.Developing infrastructure of Cairo Metro Line 1 will reduce the minimum time between trains, increase capacity by introducing the cutting-edge technology of signalling system, and provide safe, reliable and eco-friendly transport system for more than 2 million passengers per day. (ICE IL CAIRO)