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Egypt announces $460m ring road development project


Egypt's Ministry of Transport has announced that development and maintenance works of the Ring Road are being implemented at a total cost of E£7.3 billion ($460 million), said a report by Arab Finance Brokerage Company.

The scope of work includes development of a 106-km long area from Al Mariottia to Autostrad besides a 30 per cent expansion of Autostrad Bridge, it stated.

The government also plans to introduce Bus Rapid Transport (BRT) in specific lanes as part of the project, it added.

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