{"id":592704,"date":"2019-11-04T04:15:27","date_gmt":"2019-11-04T04:15:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/"},"modified":"2019-11-04T04:15:27","modified_gmt":"2019-11-04T04:15:27","slug":"egypt-to-establish-egp-6-bn-company-to-manage-monorail-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/","title":{"rendered":"Egypt to establish EGP 6 bn company to manage monorail project"},"content":{"rendered":"<p>Egypt will set up a new EGP 6 bn company to manage the <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/06\/egypt-signs-usd-4-5-bn-agreement-for-monorails-to-giza-and-new-capital\/\">monorail project<\/a>, <a href=\"https:\/\/almalnews.com\/%d9%88%d8%b2%d9%8a%d8%b1%d8%a9-%d8%a7%d9%84%d8%aa%d8%ae%d8%b7%d9%8a%d8%b7-%d9%84%d9%80%d8%a7%d9%84%d9%85%d8%a7%d9%84-%d8%aa%d8%a3%d8%b3%d9%8a%d8%b3-%d8%b4%d8%b1%d9%83%d8%a9-%d9%84%d9%85\/\">Planning Minister Hala El Said told Al Mal<\/a>. Shareholders of the new company include the National Investment Bank, the New Urban Communities Authority, the National Authority for Tunnels, and the New Administrative Capital Company. A source told the newspaper that the final details of the company will be revealed this month, after receiving cabinet approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt will set up a new EGP 6 bn company to manage the monorail project, Planning Minister Hala El Said told Al Mal. Shareholders of the new company include the National Investment Bank, the New Urban Communities Authority, the National Authority for Tunnels, and the New Administrative Capital Company. A source told the newspaper that [&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":[9291],"tags":[833,2370,3673,72,585,875,879,363,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592704","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-arab-contractors","tag-automotive-transportation","tag-bombardier","tag-enterpriseam","tag-national-investment-bank","tag-new-administrative-capital","tag-new-urban-communities-authority","tag-orascom-construction","tag-transport","wpautop","entry"],"acf":{"mongo_id":"1e41fc7f-8629-45fc-a663-1bdf90ca5c20","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592674],"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>Egypt to establish EGP 6 bn company to manage monorail project - 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\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to establish EGP 6 bn company to manage monorail project\" \/>\n<meta property=\"og:description\" content=\"Egypt will set up a new EGP 6 bn company to manage the monorail project, Planning Minister Hala El Said told Al Mal. Shareholders of the new company include the National Investment Bank, the New Urban Communities Authority, the National Authority for Tunnels, and the New Administrative Capital Company. A source told the newspaper that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-04T04:15:27+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to establish EGP 6 bn company to manage monorail project\",\"datePublished\":\"2019-11-04T04:15:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/\"},\"wordCount\":79,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arab Contractors\",\"Automotive + Transportation\",\"Bombardier\",\"EnterpriseAM\",\"National Investment Bank\",\"new administrative capital\",\"New Urban Communities Authority\",\"Orascom Construction\",\"transport\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/egypt-to-establish-egp-6-bn-company-to-manage-monorail-project\/\",\"name\":\"Egypt to establish EGP 6 bn company to manage monorail project - 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The credit facilities will be issued in two tranches,\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574603,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/","url_meta":{"origin":592704,"position":2},"title":"Hill International and HJI Group to manage NAC Monorail project","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"The National Authority for Tunnelsawarded (pdf) a consortium of Hill International andHJI Group Corporation the consultancy services contract for the new monorail lines connecting the new administrative capital and Sixth of October city. The consortium will oversee the implementation of the USD 4.5 bn project \u2014 which will extend a\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","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":571686,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/orascom-and-bombardier-break-ground-on-usd-4-5-bn-new-capital-nasr-city-monorail\/","url_meta":{"origin":592704,"position":3},"title":"Orascom and Bombardier break ground on USD 4.5 bn new capital-Nasr City monorail","author":"enterpriseam admin","date":"20 May 2020","format":false,"excerpt":"Orascom, Bombardier, Arab Contractors begin construction of new capital-Nasr City monorail: Orascom Construction, Canada\u2019s Bombardier Transportation, and Arab Contractors have broken ground on the USD 4.5 bn new administrative capital monorail project, which will connect East Cairo to the new capital, according to a company statement. 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