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In the presence of the Minister of Transport, the Minister of International Cooperation, signs an agreement with the African Development Bank, worth 145 million Euros, to develop the railway.

23/05/2021

In the presence of Kamel El Wazir , the Minister of Transport, the Minister of International Cooperation signs an agreement with the African Development Bank worth 145 million euros to provide the main lines of ENR with a total length of 953 km with ETCS-L1 to control the circulation of trains and also to provide 100 locomotives with the same system.
•    Lieutenant General Kamel El Weezer : The signature comes within the framework of the political leadership's directives to develop the existing railway network and complete the system for developing signaling and communication systems on the various lines to increase the safety and security rates on them.
•    El-Mashaat: The financing of development partners for the transport sector supports the state's plans to develop the sector and promotes the achievement of sustainable development goals. 
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In the presence of Lieutenant General,  Eng. Kamel El Wazir, the  Minister of Transport, Dr. Rania Al-Mashaat, Minister of International Cooperation, signed the financing agreement provided by the African Development Bank worth 145 million euros to contribute in Egypt National Railway Modernization Project, which aims to improve efficiency and safety factors in the railway system. By providing the main lines of ENR (Alexandria / Cairo / Assiut / Naga Hammadi and Benha / Port Said line) with a length of 953 km with the modern European train control system ETCS-L1 to control the circulation of trains and also providing 100 locomotives with the same system.
The signing ceremony was also attended by Ms. Malin Bloomberg, African Development Bank Resident Representative, the two ministries' working team, and ENR officials.
After the signing ceremony, the Minister of Transport stated that this agreement comes within the framework of the political leadership's directives to develop the existing railway network and complete the system for developing signaling and communication systems on the various lines, adding that this system also provides the possibility of automatically stopping trains without the driver's intervention in case of danger, which prevents human error, while driving trains and controlling the speed of trains according to the scheduled speeds on the lines, as well as recording data on the route of the train trips. 
Pointing out that this modern system will be installed on the old locomotives, and the locomotives that were contracted with a total of 260 locomotives, of which 110 locomotives were provided, are eligible to provide them with this system, as this will contribute to a lack of dependence on the human element and increase the safety and security rates on the lines. The Minister emphasized that all types of funds obtained by the Ministry of Transport are for the implementation of its various projects. It is carried out in cooperation with international institutions and banks, which are cooperating with them in obtaining financing on very easy terms and with long grace periods and repayment, sometimes reaching 30 years and with a very small interest, pointing out that in the event that it is not possible to obtain financing for some projects from international banks, they shall be cooperated in financing with Egyptian banks, stressing that all projects are implemented after careful feasibility studies, and that the financing obtained by the Ministry of Transport has precise plans to pay it from the proceeds of the projects.
The Lieutenant General, Eng, Kamel El-Wazir, added that this signature coincides with the Ministry's implementation of huge projects in the field of developing and modernizing signaling systems to increase the safety and security rates on the main lines, pointing out that it is planned to complete them in December 2021 for the Cairo / Alexandria lines and the Benha / Zagazig / Ismailia/ Port Said  line with 100%, and 50% will be completed for the Cairo / Aswan line, as the Beni Suef / Naga Hammadi sector will be completed at the end of December 2021, with the continuation of work in the Cairo / Beni Suef and Nag Hammadi / Aswan sectors, adding that the citizen is expected to feel an improvement of the service in September 2021, and with the successive entry of regions and signaling towers into the service after the completion of its development on the three lines, respectively.
For her part, the Minister of International Cooperation affirmed that this signature comes in light of the efforts undertaken by the Ministry of International Cooperation to develop and strengthen economic cooperation relations between the Arab Republic of Egypt, international and regional states and organizations, and to provide funds for various development projects, to enhance the national efforts exerted to achieve the vision of Egypt 2030, and to support  the Ministry of Transport's plans to modernize the railway system that serves millions of citizens every day.
Commenting on the new agreement, Dr. Rania Al-Masha at, Minister of International Cooperation, said that developing sustainable infrastructure for the transport sector enhances the country's development plans, noting that the Ministry of International Cooperation works through multilateral cooperation and relations with development partners to provide development support and financing for the implementation of various projects in the transport sector, in a way that improves services provided to citizens and stimulates private sector participation in development.
The Minister of International Cooperation explained that the transport sector takes  more than 20% of the ongoing development cooperation portfolio of the Ministry of International Cooperation, with a value of $ 5.13 billion, in which many multilateral and bilateral development partners contribute, including the European Bank for Reconstruction and Development, the European Investment Bank and the French Agency for development . These funds contribute to the implementation of many projects, including the development of subway lines, the implementation of the national road project, the modernization of railway lines and other projects, stressing that the ministry's role is not limited to agreeing on financing, but careful follow-up in withdrawing and implementing the project to ensure that the desired results are achieved.
El-Mashaat praised the financing of the African Development Bank for the project to develop railway signaling systems, as this reflects the distinguished strategic relations with the bank and its contribution in various fields of development. This is the first project in the transport sector to which the bank contributes, adding that the funds made available to the transport sector, enhance development efforts. By supporting the implementation of the sustainable development goals, including the eighth goal: decent work and economic growth; Ninth Goal: Industry, Innovation and Infrastructure; The eleventh goal: sustainable cities and communities. 
In 2020, the Ministry of International Cooperation launched the joint coordination cooperation platform for the transport sector, with the participation of Lieutenant General, Kamel El Wazir, the Minister of Transport and Communications, where he presented the investment plan for the transport sector and the development projects aimed at its implementation, to achieve the integration of efforts between development partners to contribute to these projects, and to achieve the required support for the sector within the framework of the state's priorities.
The project aims to contribute to achieving social and economic development by developing railway transport services, strengthening financial sustainability, contributing to improving the safety and security of sectors, and developing signaling systems in a way that improves customer confidence. It consists of three components, the first: designing, supplying and installation of automatic train protection systems; Second: Implementation of the Environmental and Social Management Plan; Third: Renewing and upgrading the railways' signaling and communication systems.
For her part, Malin Bloomberg, Resident Representative of the African Development Bank in Egypt, said that the new financing comes within the framework of the African Bank's strategic partnership with Egypt, and opens new horizons for the bank's work in the transport sector, explaining that it contributes to achieving the factor of safety and security, enhancing the sustainability of infrastructure and green growth. And support for the Ministry of Transport's strategy to develop the urban transport sector.
It is noteworthy that the current development cooperation portfolio with the African Development Bank amounts to $ 641 million, distributed in many development fields, including agriculture, transportation, water treatment, scientific research and entrepreneurship. During 2020, the Ministry of International Cooperation concluded development financing agreements worth $ 9.8 billion with multilateral and bilateral development partners, including $ 1.79 billion for the transport sector.