The Egyptian government has shown a commitment to expanding its infrastructure and transportation systems.
EIB-funded projects in Egypt focus on rehabilitating transportation infrastructure - Press Photo
The Egyptian Ministry of Transportation recently received a delegation from the European Investment Bank (EIB) to discuss ongoing joint projects and future collaboration.
The delegation, led by Vice President of the EIB, Gilles Guérin, discussed proposed new projects to be executed in the near future.
Leaders from the National Authority for Tunnels and the National Authority for Railways in Egypt were also present at the meeting.
At the beginning of the meeting, Minister of Transportation Kamel El-Wazir commended the productive cooperation between the two sides and emphasized the desire for further collaboration on joint projects.
Guérin also praised the existing cooperation in implementing a number of joint projects that serve the transportation sector in Egypt.
The EIB has funded several projects under the framework agreement for infrastructure, including the rehabilitation of the El-Raml Tram in Alexandria, the Abu Qir Metro project in Alexandria, and the rehabilitation of the first and second metro lines, as well as cooperation on several railway projects.
The Egyptian government has shown a commitment to expanding its infrastructure and transportation systems, with a particular focus on rail projects.
The EIB's continued investment in Egypt's transportation sector will undoubtedly help drive growth in the country and provide employment opportunities for its citizens. With the support of international partners such as the EIB, Egypt is well-positioned to achieve its infrastructure goals and improve the lives of its people.
