{"id":554090,"date":"2021-12-20T04:05:17","date_gmt":"2021-12-20T04:05:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/negotiations-ongoing-with-five-intl-institutions-to-finance-aswan-toshka-railway\/"},"modified":"2021-12-20T04:05:17","modified_gmt":"2021-12-20T04:05:17","slug":"negotiations-ongoing-with-five-intl-institutions-to-finance-aswan-toshka-railway","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/negotiations-ongoing-with-five-intl-institutions-to-finance-aswan-toshka-railway\/","title":{"rendered":"Negotiations ongoing with five int\u2019l institutions to finance Aswan-Toshka railway"},"content":{"rendered":"

<\/a> The Transport Ministry is i<\/strong>n negotiations with five international financial <\/strong>institutions to help fund the construction of the planned Aswan-Toshka railway line<\/strong>, Al Mal<\/a> reports, citing unnamed sources. The European Bank for Reconstruction and Development, European Investment Bank, World Bank, Asian Infrastructure Investment Bank, and Islamic Development Bank are all reportedly in talks to fund the 280 km line, which is expected to take between 24 and 36 months to be constructed. Enterprise was unable to reach a ministry representative to confirm the report.<\/p>\n

The project has already lined up some financing:<\/strong> An unspecified part of the EUR 3.6 bn financing package<\/a> agreed with the French government earlier this year will be allocated to the project.<\/p>\n

The Aswan-Toshka line is the first phase in a larger project that will establish a rail link between Egypt and Sudan<\/strong>, with a second phase planned to connect Toshka to the Sudanese border town of Wadi Halfa.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka railway line, Al Mal reports, citing unnamed sources. The European Bank for Reconstruction and Development, European Investment Bank, World Bank, Asian Infrastructure Investment Bank, and Islamic Development Bank are all reportedly in talks to fund […]<\/p>\n","protected":false},"author":1,"featured_media":554091,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[2399,571,72,760,7111,213,126,208,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-554090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-asian-infrastructure-investment-bank","tag-ebrd","tag-enterpriseam","tag-european-investment-bank","tag-infrastructure","tag-infrastructure-watch","tag-sudan","tag-transport-ministry","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"40b8a26f-466b-4577-bc35-e525d7d1267c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/12\/400.jpg","photo_position":"above","related_issue":[554080],"teaser":"","voice_url":""},"yoast_head":"\nNegotiations ongoing with five int\u2019l institutions to finance Aswan-Toshka railway - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/negotiations-ongoing-with-five-intl-institutions-to-finance-aswan-toshka-railway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Negotiations ongoing with five int\u2019l institutions to finance Aswan-Toshka railway\" \/>\n<meta property=\"og:description\" content=\"The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka railway line, Al Mal reports, citing unnamed sources. 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metro line","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/551.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569026,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/eib-to-support-infrastructure-projects-with-eur-123-mn-in-financing\/","url_meta":{"origin":554090,"position":2},"title":"EIB to support infrastructure projects with EUR 123 mn in financing","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"EIB to provide EUR 123 mn to finance infrastructure projects: The Egyptian government has signed three financing agreements worth EUR 122.7 mn with the European Investment Bank (EIB) to fund infrastructure projects. The bank will provide a EUR 120 mn loan to increase the capacity of the Alexandria West Wastewater\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/148.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558206,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/more-ebrd-money-for-abu-qir-railway-conversion\/","url_meta":{"origin":554090,"position":3},"title":"More EBRD money for Abu Qir railway conversion","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"An extra EUR 250 mn for Abu Qir metro, courtesy of EBRD: The project to convert Alexandria\u2019s Abu Qir railway into an underground metro will be getting an additional EUR 250 mn from the European Bank for Reconstruction and Development, after the bank approved a formal loan request submitted by\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/36.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572077,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/10\/egypts-parliament-approves-intl-grants-to-develop-investment-transport-sanitation\/","url_meta":{"origin":554090,"position":4},"title":"Egypt\u2019s parliament approves int\u2019l grants to develop investment, transport, sanitation","author":"enterpriseam admin","date":"10 June 2020","format":false,"excerpt":"House approves EUR 122.7 mn in financing from EIB for transport, sanitation: The House of Representatives\u2019 general assembly approved yesterday three financing agreements Egypt signed in February with the European Investment Bank to fund sanitation and transport infrastructure projects, according to an International Cooperation Ministry statement. Parliament also rubber-stamped a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569087,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/your-top-infrastructure-stories-of-the-week-3\/","url_meta":{"origin":554090,"position":5},"title":"Your top infrastructure stories of the week","author":"enterpriseam admin","date":"12 February 2020","format":false,"excerpt":"German Eurogate and Italy\u2019s Conchip submitted technical and financial proposals for developing the second container terminal project in Damietta to the Transport Ministry yesterday, according to an official statement.African countries could be transformed by the digital economy if theyinvest in infrastructure like affordable internet coverage and increase probability of employment\u2026","rel":"","context":"In \"Africa\"","block_context":{"text":"Africa","link":"https:\/\/enterpriseam.com\/egypt\/tag\/africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=554090"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554090\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/554080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/554091"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=554090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=554090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=554090"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=554090"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=554090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}