EBRD upgrades public transport in Egypt

Millions of commuters in Cairo will benefit from a €100 million loan provided by the European Bank for Reconstruction and Development (EBRD) to the Egyptian National Authority for Tunnels (NAT) for the procurement of 13 new trains. These will be operated on Line 2 of the Cairo Metro under a supply and maintenance contract and will improve the daily journeys of commuters.

The funds will help to alleviate traffic congestion in Cairo and increase capacity of Metro Line 2.

Continue reading..