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Egypt to launch new railway projects in 2013
- Egypt: Wednesday, January 09 - 2013 at 03:37
Egypt's Railway Authority has announced it is to begin the development of a new electric railway system next March, extending from Alexandria to Cairo, Daily News Egypt has reported. The authority also said it would float a tender for the construction of a line extending from Bani Suyuf to Assiut beginning in April, at a cost of $600m. Both projects are to be funded by a loan from the World Bank, and are part of a 5-year plan to develop Egypt's railway system, the authority said.
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