JICA to provide $300M financing for Cairo Metro Line 4’s Phase 1 soon

Updated 6/24/2024 7:47:00 AM
JICA to provide $300M financing for Cairo Metro Line 4’s Phase 1 soon

Arab Finance: The Japan International Cooperation Agency (JICA) will soon provide a $300 million tranche of its $733 million agreed-upon loan to finance Phase 1 of Cairo Metro Line 4, sources in the know told Al Mal News.

The tranche will be used to accelerate the construction of the fourth line’s first phase.

Extending over 19 kilometers with 16 stations, Phase 1 of the Cairo Metro Line 4 will connect Greater Cairo to 6th of October City, passing by the Grand Egyptian Museum.

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