📋 Tender Overview
SUMMARY
STATUS Proposed
MEMBER Egypt
SECTOR Transport
PROJECT NUMBER 000207
PROPOSED FUNDING AMOUNT EUR250 million
FINANCING TYPE Sovereign
TIMELINE CONCEPT REVIEW October 20, 2021
OBJECTIVE
The project aims to increase access to efficient, safe, and low carbon public transport in the city of Alexandria by upgrading and electrifying the existing Alexandria-Abou Qir rail line.
DESCRIPTION
The proposed project is to upgrade and electrify the existing Alexandria-Abou Qir rail line into efficient, safe, and low carbon metro rail system. AIIB will jointly co-finance with the European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), and Agence Française de Développement (AFD). Specifically, the project supports the following activities: (1) civil works for the upgrade and electrification of the metro line including a depot; (2) metro rail systems including signaling, telecommunication, centralized control system, and safety measures; (3) rolling stock to be operated on the metro system; and (4) project management and construction supervision. There will be 20 modern metro stations along the 22 km corridor, 13 stations and 13.5 km of which will be elevated.
project to develop an existing railway linking the city centre of Alexandria with the Abu Qir area, which is located in the north-east of the governorate, and providing it with electricity to become a highly efficient metro system.
The project comprises infrastructure works for the development of the line, its electrification, and related railway systems, including the development of signalling, communication and central control systems, the railway cars that will be operated on the new metro line, construction supervision, and site preparation work.
ENVIRONMENTAL AND SOCIAL INFORMATION
The project will be co-financed with the EBRD as lead co-financier, and the project’s environmental and social (ES) risks and impacts have been assessed in accordance with EBRD’s Environmental and Social Policy (EBRD’s ESP) and related Performance Requirements (PRs). To ensure a harmonized approach to addressing the ES risks and impacts of the project, and as permitted under AIIB’s Environmental and Social Policy (AIIB’s ESP), EBRD’s ESP and relevant PRs will apply to the project in lieu of AIIB’s ESP. AIIB has reviewed the EBRD’s ESP and PRs and is satisfied that: (a) they are consistent with AIIB’s Articles of Agreement and materially consistent with the provisions of AIIB’s ESP, including AIIB’s Environmental and Social Exclusion List (ESEL) and the relevant Environmental and Social Standards (ESSs); and (b) the monitoring procedures that are in place are appropriate for the project. EBRD has categorized the ES risks of the project as Category A (which is equivalent to Category A if AIIB’s ESP were applicable).
An ESIA has been prepared in accordance with the EBRD Performance Requirements ( PRs ) and disclosed in English and Arabic in line with the EBRD’s D
