The project consists of the rehabilitation of a 13.8-km long tram line in Alexandria, Egypt, including grade separating parts of the tracks as well as the purchase of new rolling stock.
This project is foreseen to be part of the Economic Resilience Initiative (ERI) of the Bank aiming at reinforcing the economic resilience in the Southern Neighborhood countries and developing the economic and social infrastructure thus creating sustainable growth and job creation.
The Bank requires the promoter to ensure, that the environmental and social procedures are in conformity with the applicable rules of the Bank.
The Bank requires the promoter to ensure, that the procurement procedures are in conformity with the applicable procurement guidelines of the Bank.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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.
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.