The EIB and the Egyptian Ministry of International Cooperation (MOIC) have signed a cooperation agreement to provide up to EUR 1.5 million of grant financing for a Feasibility Study including an Environmental and Social Impact Assessment for the Tanta – El Mansoura – Damietta Rail project which will improve railways safety, availability and reliability of a vital rail corridor through the Nile Delta. This technical assistant grant is funded from the Economic Resilience initiative (ERI).

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