News

Egypt Pours €360 Million into Renewing Alexandria’s Tram Network

Egypt Pours €360 Million into Renewing Alexandria’s Tram Network

The tramways in Alexandria

Egypt is set to start the renovation and modernization of the prominent Al-Raml Tram network in Alexandria in a project that will cost €360 million.

Egypt’s Ministry of Investment and International Cooperation signed a €100 million loan agreement with the French Development Agency (AFD), which will partially finance the project.

The upgrading process of the 13.7 kilometers tramline will take up to three years. It aims at increasing the capacity of the tram from 100,000 passengers per day to 230,000. The renovations will also help cut the time needed for the tram to take a complete round from one hour to half an hour, also the facilities will be improved.

Al-Raml tram network is the oldest tram line in Africa, it connects Alexandria’s western and eastern areas. It is also one of the oldest lines in the world.

According to a statement released by the Ministry of Investments and International Cooperation, the European Investment Bank expressed its interest to co-finance the new project.

Minister of Investments and International Cooperation Sahar Nasr said in press statements that Egypt is keen on improving the transportation sector, be it subways or railways. She further added that the presence of an insightful strategy to improve the transportation sector eased up the negotiations with sponsors.

Mada Masr Publishes Content on Social Media Temporarily in Face of News Websites Ban
Egypt Bans 21 News Websites, Including Mada Masr, on Claims of ‘Supporting Terrorism'

Subscribe to our newsletter


News

More in News

Egypt Ranks Third Worst Jailer of Journalists in 2017: CPJ

Egyptian StreetsDecember 14, 2017

Egyptian Singer Sentenced To Prison For “Inciting Debauchery, Harming Public Morality”

Egyptian StreetsDecember 13, 2017

An Egyptian Initiative to Redesign the Egyptian Passport to Present Culture, History, Heritage

Egyptian StreetsDecember 12, 2017

Mohamed Salah Wins BBC African Footballer Of the Year 2017

Egyptian StreetsDecember 11, 2017

Egypt’s Inflation Rate Drops to Lowest This Year

Egyptian StreetsDecember 11, 2017

Al-Sisi, Putin to Sign Contracts for Dabaa Nuclear Power Plant in a Bilateral Summit in Egypt

Egyptian StreetsDecember 11, 2017

Egypt’s Special Olympics National Games Hosts 2000 Athletes in Preparation for the 2018 Special Olympics

Maydaa Abo El NadarDecember 11, 2017

Egypt Wins 10 Medals at the African Chess Championship

Maydaa Abo El NadarDecember 11, 2017
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.