CAIRO Metro’s Line 1 is due to be rehabilitated with the aid of €605m in loans, including €205m from the European Bank for Reconstruction and Development (EBRD), a €350m loan provided by the European Investment Bank and a €50m loan from the French Development Agency.
THE European rail supply industry is a diverse and geographically-widespread industry comprising thousands of SMEs and major industrial champions. Employing around 400,000 people throughout the European Union (EU) and with absolute sales of €47bn per annum, it accounts for 46% of the global accessible market for rail products.
In 2016 governments from around the world will begin to outline their plans to achieve the ambitious carbon emissions reduction targets outlined in the COP21 Paris Agreement. Kevin Smith assesses what the agreement could mean for rail.