Transport min. attends signing of loan deal on unified transport card

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Thu, 23 Nov 2017 - 11:49 GMT

BY

Thu, 23 Nov 2017 - 11:49 GMT

FILE - Transport Minister Hisham Arafat

FILE - Transport Minister Hisham Arafat

CAIRO - 23 November 2017: Transport Minister Hisham Arafat attended on Thursday the signing ceremony of a loan agreement with the European Bank for Reconstruction and Development (EBRD) and the Export–Import Bank of Korea.

Under the $350,000-worth loan, South Korean consultancy offices will provide a technical support to issue a unified transport card for passengers.

In statements, Arafat said the unified card system will save the time of passengers who take various transportation means and reduce the Egyptian currency use.

The project will help improve the transport sector in Egypt and provide high-quality services to passengers, he pointed out.

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