National Authority for Tunnels
Thursday, 26 November 2020
A consortium of Egypt-based Orascom Construction (OC) and Japanese conglomerate Mitsubishi Corporation was awarded a USD 800 mn (EGP 12.5 bn) contract to execute work on the first phase of the Cairo Metro Line IV.
Wednesday, 25 November 2020
Egypt has signed two agreements with a Chinese alliance for the execution of the second and third phases of the country's first light rail transit (LRT) project, connecting El Salam City and the New Administrative Capital (NAC) through 10th of Ramadan City.
Thursday, 12 November 2020
The National Authority for Tunnels (NAT) will begin transforming Alexandria's El Raml tramway network – the oldest tram system in Africa and one of the oldest in the world – into a metro line worth EUR 360 mn (EGP 6.6 bn) in early 2021.
Wednesday, 26 August 2020
President Abdel-Fattah El-Sisi has inaugurated Adly Mansour Metro Station, as part of the fourth phase of developing Cairo Metro Line III.
Tuesday, 21 July 2020
The European Investment Bank (EIB) has agreed to provide EUR 1.9 bn (EGP 34.7 bn) in financing to support the development of Egypt's public transportation and back investment by COVID-hit companies, namely small- and medium-sized enterprises (SMEs).