21 May 2022 04:08 AM

Egypt, S. Korea sign deal on upgrading traffic signals in Luxor-High Dam line

Saturday، 22 January 2022 - 05:28 PM

The Egyptian National Railways signed Saturday 22/01/2022 with South Korea’s Economic Development Cooperation Fund (EDCF) a $251.6 million soft loan deal to finance a project for upgrading the traffic signals of the Luxor-High Dam line.

The agreement aims at enhancing the safety measures and controls along the 224 kilometers line.

Boosting of the cooperation between the Egyptian National Railways and EDCF was also probed on the sidelines of the signing ceremony.

MENA


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