ExxonMobil's Nigerian asset sale nears approval    Argentina's GDP to contract by 3.3% in '24, grow 2.7% in '25: OECD    Chubb prepares $350M payout for state of Maryland over bridge collapse    Turkey's GDP growth to decelerate in next 2 years – OECD    EU pledges €7.4bn to back Egypt's green economy initiatives    Yen surges against dollar on intervention rumours    $17.7bn drop in banking sector's net foreign assets deficit during March 2024: CBE    Norway's Scatec explores 5 new renewable energy projects in Egypt    Egypt, France emphasize ceasefire in Gaza, two-state solution    Microsoft plans to build data centre in Thailand    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    WFP, EU collaborate to empower refugees, host communities in Egypt    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    Egypt facilitates ceasefire talks between Hamas, Israel    Al-Sisi, Emir of Kuwait discuss bilateral ties, Gaza takes centre stage    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Update: Bore holing works of 3rd stage of 3rd metro line launched
Published in The Egyptian Gazette on 23 - 05 - 2018

CAIRO, May 23, 2018 - Prime Minister Sherif Ismail has confirmed that the government is keen on completing the construction of the underground Metro network, on which millions of citizens commute daily.
The state is also working continuously on upgrading, developing and maintaining the existing lines to offer better services for the commuters.
The Prime Minister was speaking at a ceremony held to launch bore holing operations on the third stage of the third underground Metro line from Ataba to Boulaq el-Dakrour.
The prime minister said that completing the Metro projects would contribute to reducing traffic congestion on Cairo's roads and streets.
The target is for the underground network to absorb around nine million commuters daily.
The total amount invested in the third Metro line is LE96 billion, apart from the cost of operation and maintenance, to keep the service up to standard.
The project is being co-financed by the French Agency for Development (AFD), the European Investment Bank (EIB) and the state budget. Sixty per cent of the funding estimated at 900 million euros is coming from the AFD and EIB while the remainder is coming from the statetreasury.
"Metro projects are aimed at linking the various districts and new areas in a way that serves the goals of development," Prime Minister Ismail noted.
During the ceremony, Ismail listened to a detailed explanation by Transport Minister Hisham Arafat, of the steps that were being taken to implement the project.
Work at the Abdel Nasser station was completed to allow the giant bore holing machine to pass through it to start scooping operations from Ataba station.
France's giant bore holing machine Nefertari, which was made in 2007, will go under the River Nile to Zamalek, then to Imbaba and Boulaq el- Dakrour.
The third stage of the third line is divided into three parts. The first part is 4-kilometres long and covers four stations from Ataba, namely Nasser, Maspero, Zamalek and Kitkat. This part will be completed in 55 months. It will be operational in November 2021.
The second part is 6.6 kilometres long and covers six stations from Sudan Street to Rod el-Farag. It will be opened in June 2022.
The third part is 7.1 kilometres long and covers five stations from Tawfiqiya station to Cairo University station, intersecting with the second Metro line. It is due to be completed in 74 months. It will be open to the public in November 2022.
Transport Minister Hisham Arafat said yesterday that the third Metro line, with its four phases, will be 48 kilometres long and will have 39 stations, making it the longest Metro line in the Middle East.
The minister was speaking during the launch of the bore holing work on the third stage of the third Metro line. Minister Arafat said that the fourth Metro line contract would be signed in July.
Arafat added that there were plans to establish six Metro lines to link Cairo, Giza and the New Administrative Capital by 2030.
The minister noted that investments in the Greater Cairo Metro were equal to LE1.9 billion for the first line, LE9.7 billion for the second line, LE96 billion for the third line and LE53 billion for the fourth line.
Minister Arafat said that the latest increase in the price of Metro tickets was aimed at covering the operational cost only and not the cost of investment. He noted that the cost of restoring and developing the first Metro line would be around LE30 billion.
Minister Arafat said that an interchange railway station would be set up in Muneeb to serve Upper Egypt, and it would be linked to the second Metro line.
The minister also said that studies were underway to give priority to the construction of the 6th Metro line (from Khosous to New Maadi) before the 5th line, to relieve the pressure on the highly-congested first Metro Line (Helwan-El-Marg).
He added that studies were also being conducted to reduce the minimum time interval between trains on the first line, to two minutes instead of four.
Minister Arafat noted that the third stage of the third Greater Cairo Metro Line would save the state LE2.0-2.2 billion as it would save fuel and reduce pollution.
He said that the third stage would be a substitute for about 4,000 microbuses, 1,000 buses and 50,000 cars.
Prime Minister Sherif Ismail has asked the head of the National Authority for Tunnels to cover the operation and maintenance costs of all the Metro lines, so as to avoid putting more burdens on the state's treasury. Ismail also said that citizens should be aware that the cost of constructing and maintaining the Metro lines could go up to LE140 billion by 2022.


Clic here to read the story from its source.