Egypt's railways investments estimated at USD11.3b


(MENAFN) Egyptian National Railways Authority's long-term investment scheme for fiscal year 2015-16 until 2029-30 is estimated at USD11.3 billion, official data showed.

The chief stated that the investment plan includes three axes; emergency plan which is estimated at 7.170 billion pounds, medium plan that worth USD14.413 billion.

Meanwhile, long-term plan for FY2015-16 until FY 2029-30 estimated at USD68.41 billion. All plans are divided upon different projects to develop and upgrade Egypt's railways.


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