||The proposed project is to upgrade and electrify the existing Alexandria-Abou Qir rail line into efficient, safe, and low carbon
metro rail system. AIIB will jointly co-finance with the European Bank for Reconstruction and Development (EBRD), European
Investment Bank (EIB), and Agence Française de Développement (AFD). Specifically, the project supports the following
activities: (1) civil works for the upgrade and electrification of the metro line including a depot; (2) metro rail systems including
signaling, telecommunication, centralized control system, and safety measures; (3) rolling stock to be operated on the metro
system; and (4) project management and construction supervision. There will be 20 modern metro stations along the 22 km
corridor, 13 stations and 13.5 km of which will be elevated.
Objective The project aims to increase access to efficient, safe, and low carbon public transport in the city of Alexandria by upgrading and
electrifying the existing Alexandria-Abou Qir rail line.