{"id":578434,"date":"2022-12-28T04:00:07","date_gmt":"2022-12-28T04:00:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/were-getting-more-money-from-jica-for-cairo-metro-line-4\/"},"modified":"2022-12-28T04:00:07","modified_gmt":"2022-12-28T04:00:07","slug":"were-getting-more-money-from-jica-for-cairo-metro-line-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/28\/were-getting-more-money-from-jica-for-cairo-metro-line-4\/","title":{"rendered":"We\u2019re getting more money from JICA for Cairo Metro Line 4"},"content":{"rendered":"

<\/a> Egypt inks agreement with JICA for second tranche of Cairo Metro loan:<\/strong> The Japanese International Cooperation Agency (JICA) signed an agreement with International Cooperation Minister Rania Al Mashat and Transport Minister Kamel El Wazir to disburse the second USD 301 mn tranche of its USD 1.2 bn loan to finance construction of the first phase of Cairo Metro Line 4, according to an International Cooperation Ministry statement<\/a>.<\/p>\n

In detail:<\/strong> The tranche comes 10 years after JICA disbursed the first JPY 32.7 bn (USD 291.5 mn) tranche of the loan back in 2012. The agency had said back in 2017<\/a> it was \u201cprepared\u201d to disburse the second tranche once the National Railway Authority spent the first tranche on the metro construction project. The first two tranches add up to USD 592.5 mn, nearly half of the USD 1.2 bn four tranche loan.<\/p>\n

Refresher on Cairo Metro Line 4:<\/strong> The first 19-km phase of the line<\/a> is expected to take six years to complete and will connect Giza, Cairo and Sixth of October City. It will include 16 stations and provide access to the Grand Egyptian Museum and the Giza Pyramids. The second, 23.5-km phase, will connect to New Cairo and will include 20 stations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt inks agreement with JICA for second tranche of Cairo Metro loan: The Japanese International Cooperation Agency (JICA) signed an agreement with International Cooperation Minister Rania Al Mashat and Transport Minister Kamel El Wazir to disburse the second USD 301 mn tranche of its USD 1.2 bn loan to finance construction of the first phase […]<\/p>\n","protected":false},"author":1,"featured_media":578435,"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":[7261],"tags":[101,72,443,892,209,223,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transport","tag-development-finance","tag-enterpriseam","tag-international-cooperation-ministry","tag-jica","tag-kamel-el-wazir","tag-rania-al-mashat","tag-transport","wpautop","entry"],"acf":{"mongo_id":"1c9ed76e-0a77-48e3-a0c5-7cb1f849d5bf","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/579.jpg","photo_position":"above","related_issue":[578422],"teaser":"","voice_url":""},"yoast_head":"\nWe\u2019re getting more money from JICA for Cairo Metro Line 4 - 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JICA is in talks with the National Railway Authority (NRA) to disburse the\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575457,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/finmin-to-sign-usd-250-mn-loan-agreement-with-jica-by-years-end\/","url_meta":{"origin":578434,"position":1},"title":"FinMin to sign USD 250 mn loan agreement with JICA by year\u2019s end","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"DEBT WATCH- Egypt could seal the first USD 250 mn tranche of a USD 500 mn loan from the Japanese International Cooperation Agency (JICA) before the year is out, the local press reports, citing government sources. The first tranche would be used to plug shortfalls in the government\u2019s budget and\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":574848,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/your-top-infrastructure-stories-4\/","url_meta":{"origin":578434,"position":2},"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":624130,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/24\/jica-to-soon-disburse-usd-300-mn-loan-for-the-fourth-line-of-the-cairo-metro-plus-tagaddod-organi-group-qnb-al-ahli-friday-ice-cream-mediterraneo-arkan-palm\/","url_meta":{"origin":578434,"position":3},"title":"JICA to soon disburse USD 300 mn loan for the fourth line of the Cairo Metro. PLUS: Tagaddod, Organi Group, QNB Al Ahli, Friday Ice Cream, Mediterraneo, Arkan Palm","author":"enterpriseam admin","date":"24 June 2024","format":false,"excerpt":"The first phase of the line \u2014 which will connect Cairo, Giza, and the outskirts of Sixth of October city \u2014 is scheduled to open in 2027","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/1466.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561400,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/06\/banque-misr-inks-usd-100-mn-loan-agreement-with-jica-for-sme-lending\/","url_meta":{"origin":578434,"position":4},"title":"Banque Misr inks USD 100 mn loan agreement with JICA for SME lending","author":"enterpriseam admin","date":"6 April 2021","format":false,"excerpt":"Banque Misr has signed a USD 100 mn financing agreement with the Japan International Cooperation Agency (JICA) and Sumitomo Mitsui Banking Corporation (SMBC) for onlending to MSMEs, Banque Misr and JICA said in separate statements (here and here). The loan will improve access to finance for small firms, especially those\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560622,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/07\/big-train-a-comin\/","url_meta":{"origin":578434,"position":5},"title":"Big train a-comin\u2019","author":"enterpriseam admin","date":"7 March 2021","format":false,"excerpt":"The safety and quality of service of Egypt\u2019s railways are getting an upgrade with a USD 440 mn loan from the World Bank, which reached an agreement with the International Cooperation Ministry to allocate the funding for the Railway Improvement and Safety for Egypt (RISE) project, according to a press\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578434","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=578434"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578434\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/578422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/578435"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=578434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=578434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=578434"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=578434"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=578434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}