
Egypt to Sign MOU With Chinese Company to Construct Sixth Metro Line

Egypt's Cabinet agreed on Thursday to proceed with signing a memorandum of understanding (MoU) with China Railway Construction Corporation to finance establishing the sixth line of the underground Metro.
The new 30 km-line will extend from New Maadi in southern Cairo to Khosous in Qalubiya. It will consist of 24 stops and accommodate about 1.5 million passengers a day.
The move comes as part of efforts of the government under Prime Minister Sherif Ismail to improve the living conditions of the Egyptian citizens and achieve economic and social development.