Egypt’s Minister for International Cooperation, Rania al-Mashat, announced on Saturday that the World Bank Executive Director approved a $ 440 million loan on Friday to support Egypt’s initiatives to improve the safety and quality of service on the country’s railways to support.
The total project cost for Rail Improvement and Safety for Egypt (RISE) is $ 681.1 million, including $ 241.1 million provided by Egyptian National Railways (ENR). The project focuses on upgrading signaling for the Cairo – Giza – Beni Suef segment of the ENR network and supporting the reforms needed to improve the ENR’s performance and competitiveness.
“The need for a sustainable infrastructure is greater than ever today. Redefining intelligent transportation solutions improves safety, improves mobility, protects the environment and strengthens job creation and economic growth, ”said Mashat.
“This project supports the reform momentum and demand for urban mobility and reliable public transport, which are an integral part of achieving the Sustainable Development Goals by 2030,” she added.
“The ENR network has over 5,000 km of track and mainly provides passenger transport for low-income Egyptians. Approximately 270 million passengers took trains in 2019, up from 228 million in 2015 and 247 million in 2010. Over the years, ENR has faced several obstacles that show that there is room for improvement in its performance, namely in areas Operation, cost recovery, maintenance and customer service. “
“This operation builds on the World Bank’s political dialogue with Egypt in the transport sector, including institutional and regulatory arrangements, security and regulatory issues,” said Marina Wes, World Bank country director for Egypt, Yemen and Djibouti. “We are determined and determined to continue to support this vital sector, which provides critical services especially to low-income citizens, and to improve access to employment opportunities and markets,” the statement said.
The Railway Improvement and Safety for Egypt Project (RISE) continues the Egypt National Railways Restructuring Project (ENRRP), which was completed in 2020 and focused on modernizing the signaling system in the Alexandria – Cairo and Beni Suef – Nag Hammadi segments.
The RISE project will modernize the signaling system and the track construction work along the Cairo – Beni Suef section and continue the work of ENRRP along the Alexandria – Cairo and Beni Suef – Nag Hammadi sections for a total length of 763 km. The project also aims to improve safety for ENR passengers and workers in a holistic and systemic way through the introduction of an improved safety management system.
The quality of service will also improve due to the improved punctuality, which is expected to increase from 75 to 90 percent of punctual trains.
In addition, the RISE project aims to advance the rail modernization efforts sponsored by the Ministry of Transport to align ENR with international best practices by introducing performance-based funding.