Transport and International Cooperation signs tranche 2 of concessional development financing to implement the of Line 4 phase 1 metro 03/01/2023 | 10:46 AM
The Minister of Transport and International Cooperation signs the second tranche of concessional development financing to implement of Line 4 phase 1 of the metro with Japan, at a value of $301 million.
Minister of Transport
The metro is considered one of the most important means of green transportation, environmentally friendly, and it is a mass transportation method that is implemented according to the latest international specifications to achieve the highest levels of safety. The fourth line is the link between the governorates of Cairo, Giza, and the city of Sixth of October.
Dr. Rania Al-Mashat, Minister of International Cooperation
Our relationship is strong with the Japanese side to expand sustainable transport projects and comprehensive health insurance
Japanese ambassador
We are happy to sign the new funding, which represents a new
phase in cooperation between Japan and Egypt
Within the framework of the continuous development cooperation efforts between the Arab Republic of Egypt and Japan and the close relations in the implementation of development projects, especially in the sustainable transport sector.
The Ministries of Transport and International Cooperation signed with the Japanese Embassy and the Japanese Agency for International Cooperation (JICA) the second tranche of concessional development funding for the implementation of the first phase of Line 4 of the subway, at a value of 41 billion Japanese yen, equivalent to 301 million dollars, in order to enhance the country's development efforts in developing means of transportation to become more sustainable, and provide Modern means of transportation that accommodate the population density in Greater Cairo. Lieutenant General Engineer / Kamel Al-Wazir, Minister of Transport and Dr. Rania Al-Mashat, Minister of International Cooperation, and on the Japanese side, Mr. Oka Hiroshi, Ambassador of Japan to Egypt, and Mr. Shino Masao, Chief Representative of the Office of the Japanese International Cooperation Agency (JICA) in Egypt, signed And in the presence of the work team from the Egyptian and Japanese sides
It is planned that the second tranche will be used to support the implementation of the first phase of Line 4 of the Greater Cairo Metro, with a length of 19 km and 16 stations, to connect the downtown area of Cairo with the Giza Pyramids and the Grand Egyptian Museum.