Rania Al-Mashat, Minister of International Cooperation, and Franciscus Timmermans, First Vice-President of the European Commission, visited the new Maspero metro station as part of the third phase of line 3 of the Cairo metro.
Among the visitors were also Christian Berger, Ambassador of the European Union in Egypt; Alfredo Abad, head of regional representation at the European Investment Bank (EIB); Fabio Grazi, director of the French Development Agency in Cairo, Essam Wali, president of the National Tunnel Authority; and representatives of the French Embassy in Cairo.
During the inspection tour, Essam Wali made a presentation on the development of the third phase of Cairo metro line 3, which aims to reduce travel time, traffic jams in Greater Cairo and emissions from carbon dioxide of about 9.3 million tons.
Al-Mashat said that the transport sector is one of the sectors that has benefited the most from the international partnerships that the Ministry of International Cooperation maintains with multilateral and bilateral development partners, based on the priority that the State empowers the sector’s infrastructure development in a way that supports comprehensive and sustainable economic growth.
In the past year, the transport sector has secured $ 1.8 billion in development finance, Al-Mashat revealed.
The Minister of International Cooperation noted that projects in the transport sector stimulate economic growth, increase productivity and provide the necessary infrastructure to increase private sector investment and develop the lives of citizens.
The Minister of International Cooperation welcomed the development partnership between Egypt and the donors of the third phase of the metro line, namely the European Union and the European Investment Bank, as well as the Agency French Development Policy, which reflects the strength of the relationship and its role in integrating with state efforts to achieve development, noting that the joint relationship has supported development efforts in many sectors, including health, education, agriculture, small projects, the environment, transport, water treatment, health, social protection and other sectors which represent a priority for the State.
For his part, Timmermans commented: “The future can be green. Through the partnership between Egypt and the European Union, we will work towards achieving a sustainable and prosperous future for the citizens of Egypt and the European Union.