The Egyptian Ministry of Transport intends to expand railway projects in cooperation with the American company of "Bechtel" to implement the sixth metro line, which is 30 kilometers long.
The Egyptian Minister of Transport, Kamel El-Wazir, said that Egypt is moving ahead with plans to expand the Metro and rail networks, and is close to concluding an agreement with Bechtel to implement the sixth Metro line in Cairo.
Speaking to the American Chamber of Commerce on Monday, the Egyptian minister said that most of the largest transportation projects, which also include dry ports and river transport, must be completed by the end of 2024.
The minister said that Egypt is working on concluding a memorandum of understanding with Bechtel for feasibility studies and implementing the sixth Cairo Metro line project, at the cost of 5 billion USD, over a length of 30 Kilometers.
He explained that Egypt had collected funding for the metro line from Canada, the United States, Britain, France and Japan, without revealing its route, but reports said that it would extend east of the Nile from north to south of Cairo.
On the other hand, the Egyptian Orascom Construction Company said that it had signed a contract with the Japanese company Mitsubishi and the National Authority of Tunnels in Egypt, a contract worth 800 million USD, to work in the first phase of 19 Kilometers of the fourth metro line in Cairo, funded by Japan.
This underground line will extend from central Cairo to the pyramids in the west, connecting 16 stations.
Among the new railways planned around Cairo are a 49 km long line at a cost of 175 million USD from Sixth of October City to the Nile north of Cairo, a 69 km shipping line worth 235 million USD from Belbeis to eastern Cairo, a double line at a cost of 435 million USD and a length of 227 Kilometers to Itai El-Baroud in West Delta.
Egypt also intends to build a 438.5 km express train, at a cost of 8.2 billion USD.
In Alexandria, Egypt plans to extend a metro line worth 1.7 billion USD to the eastern suburb of Abu Qir and upgrade to 406 million USD for an over ground tram line that goes around the city.