{"id":599340,"date":"2019-06-25T04:00:06","date_gmt":"2019-06-25T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/egypt-set-soon-to-sign-ebrd-financing-agreement-for-100-railway-locomotives\/"},"modified":"2019-06-25T04:00:06","modified_gmt":"2019-06-25T04:00:06","slug":"egypt-set-soon-to-sign-ebrd-financing-agreement-for-100-railway-locomotives","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/egypt-set-soon-to-sign-ebrd-financing-agreement-for-100-railway-locomotives\/","title":{"rendered":"Egypt set soon to sign EBRD financing agreement for 100 railway locomotives"},"content":{"rendered":"

The National Railways Authority (NRA) will sign in the coming days a financing agreement with the European Bank for Reconstruction and Development (EBRD) for the purchase of 100 new locomotives, a source close to the matter tells Al Mal<\/a>. The authority is expecting to launch a tender by no later than next month. In related news, the NRA is set to sign in August a 15-year maintenance agreement for 1,300 railcars it had agreed to purchase from Russia\u2019s Transmashholding under a EGP 22 bn contract signed last year<\/a>. The Russian company will set up shop in Egypt to maintain the rolling stock and provide training to laborers over the 15-year term. Egypt is set to receive the first car next March.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Railways Authority (NRA) will sign in the coming days a financing agreement with the European Bank for Reconstruction and Development (EBRD) for the purchase of 100 new locomotives, a source close to the matter tells Al Mal. The authority is expecting to launch a tender by no later than next month. In related […]<\/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":[2370,72,7087,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599340","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-finance","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"a5664ab6-15b6-4e89-98c6-5307587ed50c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599308],"teaser":"","voice_url":""},"yoast_head":"\nEgypt set soon to sign EBRD financing agreement for 100 railway locomotives - 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\/06\/25\/egypt-set-soon-to-sign-ebrd-financing-agreement-for-100-railway-locomotives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt set soon to sign EBRD financing agreement for 100 railway locomotives\" \/>\n<meta property=\"og:description\" content=\"The National Railways Authority (NRA) will sign in the coming days a financing agreement with the European Bank for Reconstruction and Development (EBRD) for the purchase of 100 new locomotives, a source close to the matter tells Al Mal. 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The pact would also include repair works for 50 other locomotives that have been running\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":601662,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/transport-ministry-ebrd-discuss-cooperation-projects\/","url_meta":{"origin":599340,"position":4},"title":"Transport Ministry, EBRD discuss cooperation projects","author":"enterpriseam admin","date":"6 March 2019","format":false,"excerpt":"An EBRD delegation discussed financing metro upgrades with Deputy Transport Minister Amr Shaat yesterday, the ministry said in a statement. It is expected that the ministry and the EBRD will soon sign a financing agreement for upgrading Cairo Metro Line 1 and six new trains for Line 2. 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