Egypt’s Transport Ministry, EIB to sign €1.1 bn financing agreement for upcoming projects

Egypt’s Transport Ministry, EIB to sign €1.1 bn financing agreement for upcoming projects

Egypt's Ministry of Transportation agreed on Monday to sign a financing agreement worth €1.1 billion with the European Investment Bank (EIB) officials, according to a ministry statement. The Minister of Transport, Kamel al-Wazir, met with EIB officials on to discuss the financing of urban transport infrastructure projects, including the €138 million rehabilitation of Alexandria's Raml tram, the “¦ Continued

The post Egypt's Transport Ministry, EIB to sign €1.1 bn financing agreement for upcoming projects appeared first on Egypt Independent.Egypt's Ministry of Transportation agreed on Monday to sign a financing agreement worth €1.1 billion with the European Investment Bank (EIB) officials, according to a ministry statement. The Minister of Transport, Kamel al-Wazir, met with EIB officials on to discuss the financing of urban transport infrastructure projects, including the €138 million rehabilitation of Alexandria's Raml tram, the