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    Signature(s)

    Amount
    € 600,000,000
    Countries
    Sector(s)
    Egypt : € 600,000,000
    Transport : € 600,000,000
    Signature date(s)
    15/09/2016 : € 200,000,000
    14/11/2012 : € 200,000,000
    29/12/2015 : € 200,000,000

    Summary sheet

    Release date
    4 November 2011
    Status
    Reference
    Signed | 14/11/2012
    20100613
    Project name
    Promoter - financial intermediary
    CAIRO METRO LINE 3 (PHASE 3)
    National Authority for Tunnels (NAT)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 600 million
    EUR 2418 million
    Location
    Sector(s)
    Description
    Objectives

    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.

    Environmental aspects
    Procurement

    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.

    Under ELM Guarantee
    Comments

    This operation is covered by the ELM Guarantee.

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - CAIRO METRO LINE 3 (PHASE 3) - Resettlement Action Plan
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    47048404
    Document Focus
    Environmental Information
    Project Number
    20100613
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - CAIRO METRO LINE 3 (PHASE 3) - Public Consultation Report
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    47048709
    Document Focus
    Environmental Information
    Project Number
    20100613
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - CAIRO METRO LINE 3 (PHASE 3) - Stakeholder Engagement Plan
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    47050790
    Document Focus
    Environmental Information
    Project Number
    20100613
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - CAIRO METRO LINE 3 (PHASE 3) - Additional Services for Cairo Metro Line 3 - Phase 3
    Publication Date
    16 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    47052553
    Document Focus
    Environmental Information
    Project Number
    20100613
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - CAIRO METRO LINE 3 (PHASE 3)
    Publication Date
    29 May 2015
    Document language
    Main Topic
    Lending
    Document Number
    54885885
    Document Focus
    Environmental Information
    Project Number
    20100613
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - CAIRO METRO LINE 3 (PHASE 3) - Resettlement Action Plan - Metro Line_Phase 3_Line 3
    Publication Date
    9 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    66530980
    Document Focus
    Environmental Information
    Project Number
    20100613
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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