World Bank agrees USD400M green plan for Egypt's logistics, ...| MENAFN.COM

Sunday, 27 November 2022 05:58 GMT

World Bank agrees USD400M green plan for Egypt's logistics, transportation

(MENAFN) The Alexandria-the-6th-of-October-Greater Cairo Area railway line is going to benefit from the implementation of low-carbon technologies according to a USD400 million development-financing deal that the World Bank has authorized.

The greatest railroad network in Africa is that of Egypt. There are three freight trains running in each direction each day along the Alexandria-the-6th-of-October-Greater Cairo Area route, while passenger services are the major focus.

The congested corridor is going to be avoided by the railway bypass being built as part of the Cairo Alexandria Trade Logistics Development Project. It would give freight trains a different route between the new 6th of October Dry Port and the Alexandria Sea Port to the west of the Greater Cairo region. The bypass is anticipated to provide up access to 15 container trains per day by 2030 and to 50 by 2060. Between Alexandria Port, Upper Egypt, and the Red Sea, more freight trains will travel.


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