Mubasher: The Egyptian ministry of transportation said on Tuesday that the European Bank for Reconstruction and Development (EBRD) will support the Egyptian National Authority for Tunnels (NAT) with a EUR 205 million loan to support the rehabilitation of Cairo Metro.
The funds will finance urgent works on Line 1, the oldest of the Cairo underground lines, which remains the backbone of the system and is used by 500 million customers per year.
Investments will increase the line’s capacity by 40% by reducing headway from 3.5 minutes to 2.5 minutes, thereby improving levels of safety, comfort and service reliability, the EBRD said in a previous statement.
