The metro is one of the greatest projects in Egypt. The metro has been made very simple, safe and easy for everyone.
Summary sheet
Extension of Line 3 (Phase 3) of the Cairo Metro with 17 km to serve the main transportation corridors of urban greater Cairo.
The project is part of the Greater Cairo's Transport Master Plan and is expected to greatly reinforce the public transport system in this area, thus promoting a positive modal shift from private cars and therefore alleviating congestion and associated environmental problems, contributing to climate change mitigation.
The project has to meet the environmental and social requirements of the Bank based on EU policy. If located in the EU, the project would fall under Annex II of EIA Directive 85/337/EEC as amended, leaving it up to the competent authority to decide whether an EIA is required or not. A full ESIA is required for metro projects by the Egyptian legislation, including public consultation. The Promoter is at an early stage of the EIA process and in the preparation of the project's resettlement related documents. The Bank shall verify if the EIA process, including public consultation, is carried out in accordance to the Bank's environmental and social requirements and that appropriate mitigation and compensation measures are properly identified and adopted as part of an Environmental and Social Management Plan. The legal and policy framework for compensation, resettlement and rehabilitation under the project is defined by the relevant Egyptian laws and regulations and by EIB's guidance note on involuntary resettlement. An acceptable progress on these aspects will include the preparation of a Resettlement Framework (RF) and a Resettlement Action plan (RAP).
The project has to comply with the basic principles of the EU policy on procurement, in particular as established in Directives 2004/17/EU and 2004/18/EU, and with the EIB's Guide to Procurement. As usual, the Bank will include a clause to this effect in the finance contract. The Promoter has already started the procurement process by launching the prequalification processes for both the consultancy services for works supervision and for the construction works. The Bank has reviewed the corresponding prequalification documents and has provided its comments. Both tender notices have been published in Egyptian newspapers and in the OJEU. During appraisal, the procurement procedures followed by the Promoter will be analysed in order to ensure that the project is being procured on the basis of an open and international competition and in line with the principles of transparency and fairness. The procurement plan of the Promoter will also be carefully analysed.
This operation is covered by the ELM Guarantee.
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Documents
News & Stories
Inside the project
How and Why
Disconnecting transport from pollution
Why
- Reduce pollution and noise
- More efficient transport
- Climate action with clean energy (electric-powered transport)
- Gender equality – women feel safer using new metro
- Helps employment and education
How
- Encouraging people to leave cars at home and to use the metro cuts down on emissions and traffic noise
- Fewer cars on the road means fewer traffic jams
- Electric trains are better for the environment
- When women feel safer using public transport, they can get better jobs and an improved education
Sectors & Countries
Today in Cairo, many people can’t imagine not having a metro. From an economic point of view, the metro is very important in cutting down on congestion and helping people get to their jobs.
Related media
Ancient monuments, modern metro
A drive to develop
Four decades in Egypt
Related projects and stories
Energy storage: EIB Group supports EU tripartite initiative
The European Investment Bank (EIB) Group supports a new EU-level initiative to scale up energy storage as part of the clean energy transition. Announced alongside the meeting of EU energy ministers in Luxembourg, the tripartite agreement brings together public authorities, energy storage and renewables developers, and financial institutions to accelerate storage deployment, strengthen the energy system, stabilise prices and reduce reliance on fossil fuels.
EIB Global supports Trans-Caspian Transport Corridor with €150 million for road rehabilitation in Kazakhstan
The European Investment Bank (EIB) is providing a €150 million framework loan to Kazakhstan to support the rehabilitation of strategic road infrastructure along the Trans-Caspian Transport Corridor (TCTC), a key route connecting Central Asia and Europe.
Backed by the European Union under the Global Europe (NDICI) framework, the financing will support investments implemented by Kazakhstan's national road operator QazAvtoZhol. The operation will improve transport connectivity, strengthen road safety and climate resilience, and facilitate trade and economic development across the region.
The investment forms part of the European Union's Global Gateway strategy and follows the Memorandum of Understanding signed between the EIB and Kazakhstan in 2024 to strengthen sustainable transport connections between Europe and Asia.
The programme will finance the rehabilitation of approximately 1,370 kilometres of roads across central and southern Kazakhstan, including sections linking the country with neighbouring Central Asian states. By improving transport efficiency and resilience, the investment will reduce travel times, improve road conditions and facilitate the movement of goods and people along one of the region's most important transport corridors.
EIB Vice-President Marek Mora, who oversees the Bank's operations in Central Asia, including Kazakhstan, said:
"Good roads do more than connect places on a map. They connect people, they let businesses reach new markets, make travel safer and faster, and create opportunities for communities. By investing in key transport links across Kazakhstan, we are supporting a corridor that is becoming increasingly important for trade between Europe and Central Asia while delivering tangible benefits locally. Hard infrastructure is the backbone for trades. This is what sustainable connectivity is about: creating practical connections that support growth, resilience and cooperation."
EU Commissioner for International Partnerships, Jozef Síkela, stated:
"The Trans-Caspian Transport Corridor is playing an increasingly important role in connecting Europe and Central Asia. Through this investment, and together with our partners, we are supporting the development of safer, more resilient and more efficient transport infrastructure in Kazakhstan. This is a tangible example of Global Gateway in action, strengthening regional connectivity, supporting sustainable economic development and deepening our partnership with Kazakhstan and the wider region."
EU Ambassador to Kazakhstan Aleška Simkić commented:
"The Trans-Caspian Transport Corridor is one of the key priorities under the EU's Global Gateway strategy. Developing efficient, reliable and sustainable transport connections between Central Asia and Europe strengthens trade, enhances economic cooperation and contributes to the resilience of global supply chains. This investment demonstrates the European Union's long-term commitment to fostering connectivity, prosperity, and strong partnerships across the region."
The programme is expected to generate around 5,900 person-years of employment during implementation, creating opportunities for local communities and supporting economic activity. By strengthening one of the main transport links between Central Asia and Europe, the investment will facilitate trade, improve regional connectivity and contribute to the objectives of the EU-Kazakhstan partnership and the Global Gateway strategy.
EIB and Swedbank have secured EUR 200.75 million in financing for the developer of the Rūdninkai Military Town
The developer of part A of stage II of the Rūdninkai Military Town project, Rudina, has signed loan agreements with the European Investment Bank (EIB) and Swedbank: each institution is providing a loan of EUR 100.37 million. Rudina is indirectly managed by the INVL fund ‘INVL Defence Infrastructure Fund I’, together with the construction companies Conres and Fegda.