Egypt Signs Development Grant Agreement with Spain to Finance Feasibility Study on Extension of Cairo Metro Line

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This study, to be conducted by Typsa, will be implemented in collaboration with the National Authority for Tunnels (NAT) and is expected to be completed within eight months.

Egypt signed a €1.4 million development grant agreement with Spain to finance the preliminary feasibility study for the extension of Cairo Metro Line 1 (New Marg – Shebin Al-Qanater) as part of Egypt’s sustainable transport projects under the NWF national platform.

Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, and Eduardo Soriano, Spain’s Economic and Commercial Counselor in Egypt signed the agreement.  This study, to be conducted by Typsa, will be implemented in collaboration with the National Authority for Tunnels (NAT) and is expected to be completed within eight months.

Minister Al-Mashat highlighted that this agreement aligns with Egypt’s strategy to integrate local resources with international partnerships to accelerate development in key sectors.

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She emphasized that Cairo Metro projects serve as a model for successful collaborations with multilateral and bilateral development partners, providing an efficient, eco-friendly transport solution that millions of citizens rely on daily.