EIB, AFD secure €1.8bn for Phase 4 of Cairo Metro Line 3

By Yomna Yasser On Jul 1, 2014

The European Investment Bank (EIB) and the French Development Agency (AFD) are set to provide €1.8 billion to implement the fourth phase of Cairo’s underground third line project, Egyptian minister of transportation Hani Dahi said.

The Egyptian minister had met on Tuesday with his aides along with Ismail El-Nagdy, Chairman of National Authority for Tunnels (NAT) to underscore plans and mechanisms to bring the state’s national projects into effect.

The project will run from Heliopolis district, to complete its path toward Cairo International Airport. With a total length of 15.8 km, the fourth phase will include 10 stations; namely Haroun, Heliopolis square, Alf Maskan, Shams Club, Nozha 1, Nozha 2, Qiba, Omar Ibn Al Khattab, El-Salam, 10^th of Ramadan Station, and Airport.

Cairo Metro, the first metro network in Africa, has been operational since 1990. The network consists of two lines, and a further two are planned.