A consortium headed by French construction company Vinci will soon begin the second phase of work on the €569m Cairo Metro Line 3.
The 6.2km-long underground line with four stations will be extended further towards the east from Abbasiya to Al Ahram (Heliopolis).
The French government has agreed to lend €200m over 17 years and the rest has been contributed by the French Development Agency (€100m) and the Egyptian government (€269m).
Vinci is currently working on the €500m Phase I of Line 3. The 4.3km-long line with five underground stations will run between Attaba and Abbasiya.
The first phase of the line will become operational by October 2011 and the second phase by 2013.