A EUR 100 million loan provided by the European Bank for Reconstruction and Development (EBRD) to the Egyptian National Authority for Tunnels (NAT) for the procurement of 13 new trains. These will be operated on Line 2 of the Cairo Metro under a supply and maintenance contract. The loan is being provided under the EBRD’s new Integrated Approach for the Cairo Urban Transport Sector. This approach aims to improve public transport services in Cairo and the surrounding areas through investment and reform.
Traffic congestion in Cairo has been increasing at a rapid pace, leaving people immobile, particularly during peak hours. There is a clear and urgent need to increase the number of higher capacity and low-emission public transport vehicles since even a modest shift by commuters to Metro and bus travel will have a significant impact on congestion and pollution levels. Used by over 2.4 million passengers per day, the Metro is one of the key modes of public transport in the city.
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