The assignment concerns assistance for a rail transport development project in Egypt.
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The European Bank for Reconstruction and Development (EBRD) is considering a loan of up to EUR 290 million to the Republic of Egypt to be on-lent to Egyptian National Railways (ENR) for the purchase of up to 100 new locomotives under a supply and maintain contract.
The project will comprise the following elements:
- acquisition of up to 100 new locomotives to operate on the passenger long distance routes;
- provision of maintenance under a long-term maintenance contract to be signed between ENR and the supplier of the locomotives with substant