European Investment Bank Gives 200 Million Euro Loan for EIB Cairo Metro Line

Map of Cairo Metro
Map of Cairo Metro

The European Investment Bank approved the grant of 200 Million Euros in the first place and then 600 million Euros for the EIB Cairo Metro Line. The loan to be extended to the Cairo Metro line is planned to reduce traffic congestion and pollution by promoting the use of public transport. It is aimed to sustain the development of the city and the country with credit tranches.

Within the scope of the Cairo Metro Line Project, it is planned to extend the 17,7 km of the Cairo Metro Line main transport corridor and the new station 15.

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