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Sunday, 6 January 2019

Egypt seeking EBRD loan for 6 October-El Manashy railway

The Transport Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) for a EUR 100 mn fund facility to build a new railway line linking 6 October dry port to El Manashy village in Giza, Minister Hisham Arafat said, according to Al Mal. The 6 October port, a planned USD 110 mn logistics facility, will house cargo zones, customs clearance offices and multipurpose storage facilities linked to Egypt’s key seaports.

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