This North African Nation Commits $1.4Bln to Build Cutting-Edge Metro

Egypt's metro line - Sputnik Africa, 1920, 09.09.2023
Egypt's Minister of Transportation, Kamel al-Wazir, has announced plans for a new regional metro project to improve the country's transport system.
The project, estimated to cost $1.4 billion, will connect downtown Alexandria to the city of Aboukir, covering a distance of 21.7 kilometers.

To undertake this project, a consortium consisting of Orascom Construction and the French group Colas Rail has been chosen by Cairo.
These two companies have previously collaborated on the Greater Cairo metro. Thales group will be responsible for the signaling, telecommunications, and automatic fare collection systems.
Lagos State governor Babajide Sanwo Olu (R) speaks as Deputey Obafemi Hamzat (L) looks on after a ride in Lagos Blue Line rail during the inauguration of commercial operation of the mass transit in Lagos on September 4, 2023. Lagos Blue Line rail mass transit system has commence commercial operation to ease traffic congestion in Lagos, Nigeria's commercial hub.  - Sputnik Africa, 1920, 04.09.2023
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Improving Rail Network

The project will obtain its funding from a variety of prestigious international financial institutions, including the European Investment Bank, the European Bank for Reconstruction and Development, the French Agency of Development, and the Asian Infrastructure Investment Bank.

The new metro line will be composed of 20 stations along the route, with construction set to begin this month.

Egypt is currently embarking on a significant project that aims to bring its railway infrastructure to the modern era. This initiative is imperative as the current state of the railway facilities is causing train derailments and various accidents due to their outdated condition. The new line aims to improve traffic safety and further develop tourism in the country.