{"id":562986,"date":"2021-06-14T04:00:27","date_gmt":"2021-06-14T04:00:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/more-details-on-the-egypt-france-financing-agreement\/"},"modified":"2021-06-14T04:00:27","modified_gmt":"2021-06-14T04:00:27","slug":"more-details-on-the-egypt-france-financing-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/14\/more-details-on-the-egypt-france-financing-agreement\/","title":{"rendered":"More details on the Egypt-France financing agreement"},"content":{"rendered":"

<\/a> More details of the <\/strong>EUR 3.8 bn in agreements<\/a><\/strong> and contracts signed with France <\/strong>yesterday<\/strong>, courtesy of the cabinet<\/a>.<\/p>\n

Transport: <\/strong>Funding from the French government will go towards a raft of transport projects, including the supply of 55 new trains for Cairo Metro Line 1, the rehabilitation of the Mansoura-Damietta railway, the construction of the Aswan-Toshka rail line, and the Abu Qir metro conversion project, the cabinet said.<\/p>\n

Energy + wastewater:<\/strong> Funding will also be earmarked for energy, electricity, housing and wastewater projects, the statement said. This includes wastewater plants in Helwan and Alexandria, a power control center in Alexandria, and the establishment of a wholesale market in Borg El Arab.<\/p>\n

READ OUR FULL INTERVIEW WHEN IT COMES OUT THIS WEEK- <\/strong>In it, Le Maire tells us of his administration\u2019s ambitions to make France among Egypt\u2019s top three trading partners from a current eighth. He explains to us why France has been accelerating its economic cooperation with us over the past four years and where he wishes to see this cooperation go. We also talk about what the G7 tax agreement could mean for us. You don\u2019t want to miss it.<\/p>\n

ALSO IN DIPLOMACY-<\/strong><\/p>\n

Egypt, Pakistan talk defense: <\/strong>President Abdel Fattah El Sisi and Defense Minister Mohamed Zaki discussed military ties and organizing joint drills during a meeting in Cairo yesterday with the chairman of Pakistan\u2019s Joint Chiefs of Staff, Ittihadiya said in a statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

More details of the EUR 3.8 bn in agreements and contracts signed with France yesterday, courtesy of the cabinet. Transport: Funding from the French government will go towards a raft of transport projects, including the supply of 55 new trains for Cairo Metro Line 1, the rehabilitation of the Mansoura-Damietta railway, the construction of the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7262],"tags":[168,72,491,474,127,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562986","post","type-post","status-publish","format-standard","hentry","category-diplomacy","tag-diplomacy","tag-enterpriseam","tag-france","tag-pakistan","tag-politics","tag-trade","wpautop","entry"],"acf":{"mongo_id":"e568b923-fc79-474a-86c5-3642cde47c98","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562971],"teaser":"","voice_url":""},"yoast_head":"\nMore details on the Egypt-France financing agreement - 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\/06\/14\/more-details-on-the-egypt-france-financing-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More details on the Egypt-France financing agreement\" \/>\n<meta property=\"og:description\" content=\"More details of the EUR 3.8 bn in agreements and contracts signed with France yesterday, courtesy of the cabinet. 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The agreements most notably cover transportation, but also in social security and\u2026","rel":"","context":"In "SPEED ROUND: DIPLOMACY & FOREIGN TRADE"","block_context":{"text":"SPEED ROUND: DIPLOMACY & FOREIGN TRADE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/466.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594787,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/egypt-italy-sign-egp-70-5-mn-agreement-for-minya-wastewater-project\/","url_meta":{"origin":562986,"position":1},"title":"Egypt, Italy sign EGP 70.5 mn agreement for Minya wastewater project","author":"enterpriseam admin","date":"8 September 2019","format":false,"excerpt":"Egypt, Italy sign EGP 70 mn wastewater project financing agreement: The Investment Ministry signed a EGP 70.5 mn agreement with the Italian government on Thursday to finance the third phase of a wastewater project in Minya, the ministry said in a statement. The funding comes as part of a EUR\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","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":562986,"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":653147,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/30\/french-development-agency-prepared-to-assist-in-financing-wastewater-tram-healthcare-projects\/","url_meta":{"origin":562986,"position":3},"title":"French Development Agency prepared to assist in financing wastewater, tram, healthcare projects","author":"enterpriseam admin","date":"30 January 2017","format":false,"excerpt":"The French Development Agency is prepared to contribute funding for the east Alexandria wastewater treatment plant project, the Alexandria tram development project, and a primary healthcare support project, Al Ahram reports.","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574848,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/your-top-infrastructure-stories-4\/","url_meta":{"origin":562986,"position":4},"title":"Your top infrastructure stories","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"Your top infrastructure stories for the week include: Wastewater treatment: A USD 15 mn expansion of a USAID-financed wastewater treatment facility in Luxor is now online after International Cooperation Minister Rania Al Mashat inaugurated the facility earlier this week, according to a cabinet statement. The new expansion increases the plant\u2019s\u2026","rel":"","context":"In \"Abu Qir Fertilizers\"","block_context":{"text":"Abu Qir Fertilizers","link":"https:\/\/enterpriseam.com\/egypt\/tag\/abu-qir-fertilizers\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575640,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/21\/monorail-water-treatment-projects-in-egypt-to-receive-usd-500-mn-in-green-bond-funding\/","url_meta":{"origin":562986,"position":5},"title":"Monorail, water treatment projects in Egypt to receive USD 500 mn in green bond funding","author":"enterpriseam admin","date":"21 October 2020","format":false,"excerpt":"Now we know who\u2019s getting that green-bond financing: The new monorail project, three wastewater treatment facilities, and a desalination plant will be partially funded through USD 500 mn of last month\u2019s USD 750 mn green bond issuance, according to Al Mal, which obtained a list of the projects. 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