(MENAFN) Egypt is attaching a significant value in the execution of a project to construct an electric train line around Cairo, affirmed Minister of Transportation Kamel Al-Wazir.
The Export-Import Bank of China (China EXIM Bank) extended a USD1.2 billion loan for the Egyptian project to be launched.
Firms, the minister emphasized, ought to right away begin offering tools for work locations for the project's ground efforts to commence next week.
Al-Wazir further added that he conducted a tour in China to the factor which is to generate the electric train, detecting "the great potential of the factory."
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