President Al Sisi reveals reasons of increasing metro tickets prices
Wednesday 16/May/2018 - 06:02 PM
President Abd El-Fattah Al Sisi revealed the reasons why metro tickets prices increased at the current time. He pointed out the country doesn`t have the luxury to delay the decision of Metro maintenance.
The president said: transport Minister Dr Hisham Arafat reported before a year that the first line of Metro will be out of service because of its deteriorating condition. Arafat pointed out that Metro needs 30 billion Egyptian pounds to raise its efficiency.
Al Sisi during the session “Egypt looks for the next 4 years” added that the loan that expended on metro isn`t enough. The president pointed out that Egyptians should contribute in the repayment of the loan owed by Egypt. He confirmed that the current challenge is difficult for any government.
The president expressed that the first loan by which the first metro line has been established hasn`t been repaid yet. He added the country bears its benefit for this day, pointing out that Metro doesn't`t save its operating costs which include wages and maintenance workers.