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Home News Item Egypt approves AIIB loan to build metro line in Alexandria
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Egypt approves AIIB loan to build metro line in Alexandria

augustus 17, 2023by Reacties uitgeschakeld voor Egypt approves AIIB loan to build metro line in Alexandria

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CAIRO, Aug. 17 (Xinhua) — The Egyptian government approved on Thursday a loan from the Asian Infrastructure Investment Bank (AIIB) to finance a metro line in the northern coastal province of Alexandria, said the Egyptian cabinet in a statement.

The Beijing-based bank will provide Egypt with 250 million euros (about 272 million U.S. dollars) to fund the Abu Qir metro line in the Egyptian coastal city of Alexandr

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