Loan approved for modernization of Egyptian railways

The World Bank’s Board of Directors has approved a $ 440 million loan to the National Railways of Egypt (ENR) to partially finance a $ 681.1 million modernization and security modernization  project (RISE). It is intended primarily for the reconstruction of the track and signaling facilities on the Cairo – Giza – Beni Sueif line, reports Railway Supply magazine with reference to Zdmira.

modernization of Egyptian railways
Picture: ENR

The project is a continuation of the renovation of signaling and track facilities on the Alexandria – Cairo and Beni Sueif – Nag Hammadi lines. Taking into account these works, the total length of the lines reconstructed according to both projects will be 763 km.

Egypt signed an agreement with Siemens to build a high-speed rail network

One of RISE’s goals is to improve the safety of passengers and staff through the deployment of a modern security management system. This is expected to increase the accuracy of train timetables from 75% to 90%.

The length of Egyptian railways exceeds 5 thousand km; they are used to a large extent by passengers with low incomes. In 2019, 270 million passengers were transported by rail.

Related:

Alstom equips railway line in Egypt with signaling system