AIIB agrees €250m financing for Alexandria-Abou Qir Metro project

In:

Transport

Region:

Middle East & Africa

The AIIB has approved a €250 million (about $264 million) loan to Egypt for the Alexandria-Abou Qir Metro Line Project.Aiming to increase access to efficient, safe and low-carbon public transportation in the city of Alexandria, the project will upgrade and electrify the existing Alexandria-Abou...

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