Egypt will receive a €1.4 million ($1.45 million) grant from Spain to finance the preliminary feasibility study for the Cairo Metro Line 1 extension.

The expansion will be from New Marg to Shebin Al-Qanater, Egypt Today newspaper reported.

The feasibility study will be conducted by Madrid-based consulting and engineering services firm, Typsa, in collaboration with the state-run National Authority for Tunnels (NAT), and is expected to be completed within eight months, the report added

(Writing by P Deol; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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