With the goal of enhancing the performance of the logistics and transportation sectors in Egypt and to support the shift towards low-carbon transportation along the Alexandria–Greater Cairo Area (GCA) railway corridor, the World Bank's Board of Executive Directors, on 3rd October 2022, approved a US$400 million development financing agreement.
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The transportation sector is the second largest contributor to Egypt's greenhouse gas (GHG) emissions after energy—contributing approximately 19 percent. Transporting containers and other freight by train has a lower carbon footprint than by road.
The Project will implement a railway bypass to the congested GCA. The bypass will provide freight trains between the Alexandria Sea Port and the newly constructed Dry Port, with an alternative route to the west of Greater Cairo. The operational bypass will also allow 15 container trains per day by 2030, and as demand increases, 50 trains by 2060 to this dry port. Additional freight trains will flow between the Alexandria Port, Upper Egypt, and the Red Sea.
The Bank estimates the project will reduce greenhouse gas emissions by 965,000 tons over 30 years. The project will significantly contribute to Egypt's 2050 Climate Change plan, given the expected reductions in greenhouse gas emissions.
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