News / Infrastructure

Egypt, China Ink Deal to Fund USD 1.2 bn Electric Train Project

The Egyptian Transportation Ministry has signed a USD 1.2 bn loan agreement with Export-Import Bank of China (EXIM) to fund an electric train project that will make commuting across major areas much easier.

ADFD Invests USD 140 mn to Develop High-Speed Moroccan Rail Project

Abu Dhabi Fund for Development (ADFD) has bolstered the development of a major high-speed rail network in Morocco that connects the major cities of Tangier and Casablanca with investments worth USD 140 mn

Demand for Egypt’s Infrastructure Development Unprecedented: Orascom Construction

CEO of Egypt's Orascom Construction Osama Bishai said that although Egypt's IMF-backed reforms had inevitably resulted in a number challenges for the construction sector, the current level of demand for infrastructure across the country could be described as "unprecedented," with plenty "still to do"

Egypt, World Bank Sign USD 300 mn Fund for Rural Areas’ Infrastructure

Egypt and the World Bank (WB) have signed a USD 300 mn agreement to bolster the infrastructure in rural areas and most needy governorates, proceeding with the "Sustainable Rural Sanitation Services Program"

Egypt, EIB Ink EUR 214 mn Deal for Sanitation Services in Nile Delta

Egypt and the European Investment Bank (EIB) signed on October 17 an EUR 214 mn deal to support the Kitchener Drain depollution project, out of total financing worth EUR 400 mn

Mauritius Eyes Collaboration With Egypt in Infrastructure Projects

Mauritius' Minister of Public Infrastructure and Land Transport Nandcoomar Bodha stated that his country has projects in the infrastructure sector with investments of nearly USD 2 bn, declaring his desire to cooperate with Egyptian construction companies to implement tunnels, similar to the Suez Canal tunnels, in his country

Egypt Railways Inks Deal for 1,300 Train Carriages

Egyptian National Railways (ENR) has inked a deal with the Russian-Hungarian consortium Transmashholding-Hungary worth EGP 22 bn to import and manufacture 1,300 passenger carriages in Egypt

EIB to Invest EUR 32 mn in Kafr El-Sheikh’s Infrastructure Sector

Egypt signed two grants worth EUR 32 mn with the European Investment Bank (EIB) on September 13 for infrastructure projects in the Nile Delta governorate of Kafr El-Sheikh

Sisi Inaugurates Bridges, Road Projects Worth EGP 7.9 bn

President Abdel-Fattah El-Sisi inaugurated Sunday, September 9, new bridges and road projects with total costs of EGP 7.9 bn

Egypt, South Korea Ink EUR 243 mn Deal for Cairo Metro Line III

Egypt signed an agreement with South Korea for the procurement and manufacturing of 32 air-conditioned metro trains worth  EUR 243 mn for Cairo Metro Line III

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