News
02 August 2021

EBRD approves €250m loan for Egypt’s Abu Qir metro project

In:
Infrastructure, Transport
Region:
Middle East & Africa

The EBRD has approved a formal loan request from the Egyptian government for €250 million (about $297 million) to partially fund a project to convert Alexandria’s Abu Qir railway into an underground metro.  The existing railway connects downtown Alexandria with Abu Qir, north-east of...

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