The Japan International Cooperation Agency (JICA) signed a Yen Loan Agreement (L/A) with the Government of the Arab Republic of Egypt in Cairo on December 26, 2012, for a loan of up to 41 billion yen for the Cairo Metro Line IV Phase I (II) Project.
This project will construct a subway railway (approx. 19 km) in the southwest part of the Greater Cairo metropolitan area and downtown Cairo, following the first phase of the Cairo Metro Line 4 Project that started in 2012. The project aims to meet traffic demand, reduce traffic congestion, and improve air pollution in the Greater Cairo metropolitan area, and will contribute to SDGs (Sustainable Development Goals) Goal 9 (Create a foundation for industrial and technological innovation), 11 (Make Cairo a livable city), and 13 (Take concrete measures to combat climate change).
The Japanese technology utilization condition (STEP) (see note) will be applied to the yen loan for this project, and Japanese systems and vehicles will be installed in the subway to be constructed under this project.
(Note) Abbreviation for Special Terms for Economic Partnership. Terms and conditions for the provision of yen loans established to promote Japan’s “face-to-face assistance” through the transfer of technology to developing countries utilizing Japan’s superior technology and know-how. The main contractor is Japan Tide and the subcontractor is General Untied. The main contractor must be either a Japanese company, a subsidiary of a Japanese company located overseas, or a joint venture (JV; the Japanese company is the lead partner) between a Japanese company and the borrowing country. Under certain conditions, a JV between a Japanese company and an equity-method affiliate of the Japanese company (with the Japanese company as the lead partner) may also be the lead contractor.
Details of the project are as follows
© Source JICA