CAIRO: The six lines of Cairo’s Metro will be finished by 2020, the Egyptian Company for Metro Management and Operation Head Ismail el-Nagdy told ONTV Saturday.
Nagdy said that Egypt is a pioneer of tunnels industry in Africa and the Middle East.
Nagdy said the company is working on providing machines for drilling tunnels and qualifying Egyptian cadres to work in tunnels field in all governorates to solve crowdedness problems.
The Japan International Cooperation Agency representative in Cairo Hideki Matsunaga announced that the agency allocated a $2 billion loan to finance the Metro’s fourth line which will link Downtown Cairo to 6 of October City, Al-Hayat reported May 19.
Ismail el-Nagdy said that the government of South Korea offered to fully finance the studies and establish the fifth or sixth Metro line. He added that the expected cost would reach 20 billion EGP and it would take about five years to be ready for operation, Al-Ahram reported in mid-June.
Nagdy told Al-Ahram that in his recent visit to South Korea he checked some Metro lines that were fully established by local workers, and added that a Korean delegation will come to Egypt in July to do technical and executive studies for the Metro line with the Egyptian side.
Additional reporting by Nahed el-Gindy and Mohsen el-Bediewy.