Aleandria Abu Qir Urban Rail Project

Objective

The aim is to turn the existing Abu Qir suburban railway line into a high frequency, modern and efficient metro with much higher transport capacity, speeds and comfort. The upgraded metro line will encourage the usage of public transport and thus promote sustainable mobility.

Description

The loan concerns the rehabilitation and upgrade of the obsolete and underused 21.7 km long, mostly elevated, urban railway line Abu Qir. More specifically, financing will support rebuilding and adding metro stations, as well as removal of all the at-grade intersections of the current line.

Finance