Complex Made Simple

Egypt allocates EGP4 billion to upgrade Cairo metro

Investment will be used for maintenance of existing lines as well as implementation of new phases

The Egyptian government announced that it has allocated EGP4 billion for developing the services of the Cairo metro during the fiscal year 2015-16.

The investments will be targeted towards running the existing metro lines in Cairo, Giza and Qalyubia, which have a capacity of three million passengers a day, in addition to providing 20 air-conditioned trains, three middle rail vehicles, three cabs and multiple diesel units.

According to UAE-based Aliqtisadi, the investments will also be dedicated to implementing phase 4 of the Cairo Metro Line 3 by the companies that implemented phase 2 under the same conditions and prices agreed on in 2007 to take advantage of the speed of execution and lower cost.

The new investment includes beginning the implementation of phase 3 of the metro’s Line 3, which extends over El-Ataba, Al Kit Kat, Imbaba, and Cairo University, in addition to starting phase 1 of Line 4 and the preparatory studies for Lines 5 and 6.

It is noteworthy that Hani Dahi, minister of transport and communications, previously confirmed that phase 4 of Line 3 would be completed during 2017.

(EGP1= AED0.47, at the time of publishing)