Feasibility study prepared for Alexandria metro project

Published December 10th, 2000 - 02:00 GMT

Egypt has recently signed a contract with a Canadian company to prepare the feasibility study for the Alexandria Metro Project. According to Al-Hayat newspaper, the cost of this project is assessed at $240 million and based on the BOT system.  

 

The head of the Cairo Metro Authority, Muqbel Al-Shafeay, and the representative of the Canadian Exor Company signed this agreement in Cairo yesterday. 

 

The Canadian firm will conduct this study as a donation from the Canadian Aid Agency. This feasibility study covers the first phase of the regional Egyptian metro line, which starts from Alexandria to Abu-Qeir. — (Albawaba-MEBG)


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