The government is seeking to generate more revenue from a metro mall located in Cairo’s Attaba district with a view to increasing the state metro authority’s margins, Invest-Gate reports.
During his recent visit to the mall located on the third metro line extending from Attaba to Cairo’s populous Shubra neighborhood, Minister of Transportation Hesham Arafat calls for making maximum use of the mall in order to boost the performance of the state-run Egyptian Metro Company, according to a statement released by Cairo Governorate.
The Attaba Metro Mall was opened in 2016 with the aim of upping Egyptian metro company revenues. According to data released by the ministry, the Egyptian Metro Company incurs losses worth millions of dollars every year due to low ticket prices and lack of maintenance amid increasing demand.