{"id":567314,"date":"2020-01-19T04:06:32","date_gmt":"2020-01-19T04:06:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/"},"modified":"2020-01-19T04:06:32","modified_gmt":"2020-01-19T04:06:32","slug":"monorail-financing-to-be-clear-by-end-of-june","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/","title":{"rendered":"Monorail financing to be clear by end of June"},"content":{"rendered":"<p>International financial institutions interested in financing the Sixth of October City to Giza and Nasr City to the new administrative capital monorail projects will take a final decision by the end of June, unnamed <a href=\"https:\/\/alborsaanews.com\/2020\/01\/18\/1286419\">sources told the local press.<\/a> The list of institutions includes the International Finance Corporation, the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). A consortium comprised of the African Development Bank, EBRD, and EIB <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/27\/african-development-bank-joins-consortium-to-fund-egypts-new-capital-monorail-7173\/\">has been in negotiations<\/a> with the government to provide funding for the project. Consulting firms interested in the management, design, and supervision of the project were supposed to have placed their bids <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/24\/nat-invites-consulting-firms-to-bid-on-supervising-egypts-new-capital-monorail-9011\/\">at the end of December<\/a> but no information has so far been forthcoming.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International financial institutions interested in financing the Sixth of October City to Giza and Nasr City to the new administrative capital monorail projects will take a final decision by the end of June, unnamed sources told the local press. The list of institutions includes the International Finance Corporation, the European Bank for Reconstruction and Development [&hellip;]<\/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":[9298],"tags":[2372,571,72,760,759,875,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567314","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-ebrd","tag-enterpriseam","tag-european-investment-bank","tag-international-finance-corporation","tag-new-administrative-capital","tag-transport","wpautop","entry"],"acf":{"mongo_id":"d6b3acdb-520c-44d6-b247-c3147144444b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567283],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Monorail financing to be clear by end of June - 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\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monorail financing to be clear by end of June\" \/>\n<meta property=\"og:description\" content=\"International financial institutions interested in financing the Sixth of October City to Giza and Nasr City to the new administrative capital monorail projects will take a final decision by the end of June, unnamed sources told the local press. The list of institutions includes the International Finance Corporation, the European Bank for Reconstruction and Development [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-19T04:06:32+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Monorail financing to be clear by end of June\",\"datePublished\":\"2020-01-19T04:06:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EBRD\",\"EnterpriseAM\",\"European Investment Bank\",\"International Finance Corporation\",\"new administrative capital\",\"transport\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/monorail-financing-to-be-clear-by-end-of-june\/\",\"name\":\"Monorail financing to be clear by end of June - 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the new administrative capital, Transport Minister Kamel El\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":590080,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/13\/ebrd-has-more-than-usd-530-mn-for-egypt-with-banks-getting-the-lions-share\/","url_meta":{"origin":567314,"position":1},"title":"EBRD has more than USD 530 mn for Egypt, with banks getting the lion\u2019s share","author":"enterpriseam admin","date":"13 July 2023","format":false,"excerpt":"NBE, Banque Misr, and Mediterrania Capital Partners will receive financing from the European lender","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development 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