Egypt’s Metro could become an independent authority

The government is planning to make the National Authority for Tunnels (NAT) its own independent authority — akin to the National Railways Authority — to cut its reliance on government financing to maintain its operations, Transport Minister Kamil El Wazir told Sada El Balad’s Ahmed Moussa (watch, runtime: 8:47). The NAT will be required to cover its own operating expenses, which El Wazir said run at around EGP 8 bn. The authority’s revenues are currently only half of that, according to the minister.