ENR planning to establish four new cargo rail shipping lines

The Egyptian National Railways is planning to establish four new cargo rail shipping lines at an estimated total cost of EGP 4.2 bn, an unnamed official tells Al Mal. The first 34 km line, which is expected to cost EGP 700 mn, will connect Sadat City in Menoufiya with El Manashy village in Giza. While the project is slotted for the current fiscal year, implementation has been on hold for several years due to land ownership disputes, according to the source. Other lines will connect El Manashy to Six October City, the Rubiki Industrial Zone and El Tebeen in Helwan, and Bilbeis in Sharqiya with Tenth of Ramadan City. It’s unclear yet how the project will be funded.