{"id":599550,"date":"2019-01-02T04:14:27","date_gmt":"2019-01-02T04:14:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/"},"modified":"2019-01-02T04:14:27","modified_gmt":"2019-01-02T04:14:27","slug":"nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/","title":{"rendered":"NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line"},"content":{"rendered":"<p>The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import Bank of China (China Exim) to fund the East Cairo electric rail line, <a href=\"http:\/\/mot.gov.eg\/%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A%D8%A9\/\">according to a Transport Ministry statement<\/a>. The new 67 km line will link Salam City with 10th of Ramadan City and the new administrative capital. China Exim had agreed <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/nat-to-ink-usd-1-2-bn-loan-agreement-for-10-ramadan-salam-train-next-month\/\">in 2017<\/a> to cover the full cost of the project, after it was set to provide only USD 739 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import Bank of China (China Exim) to fund the East Cairo electric rail line, according to a Transport Ministry statement. The new 67 km line will link Salam City with 10th of Ramadan City and the [&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":[204,2372,7097,168,72,7087,7111,875,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599550","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-development","tag-diplomacy","tag-enterpriseam","tag-finance","tag-infrastructure","tag-new-administrative-capital","tag-transport","wpautop","entry"],"acf":{"mongo_id":"f4b2e1c1-b5b6-448b-ab55-1b94fc621c65","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599513],"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>NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line - 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\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line\" \/>\n<meta property=\"og:description\" content=\"The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import Bank of China (China Exim) to fund the East Cairo electric rail line, according to a Transport Ministry statement. The new 67 km line will link Salam City with 10th of Ramadan City and the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-02T04:14:27+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\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line\",\"datePublished\":\"2019-01-02T04:14:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"development\",\"DIPLOMACY\",\"EnterpriseAM\",\"Finance\",\"infrastructure\",\"new administrative capital\",\"transport\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/nat-to-sign-usd-1-2-bn-loan-agreement-with-china-exim-for-electric-rail-line\/\",\"name\":\"NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line - 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The Export-Import Bank of China (China Exim Bank) will disburse USD 105 mn to the Trade Ministry as a first tranche of a USD 1.2 bn loan to fund the East Cairo\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\/2019\/9\/train-1600-px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631551,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/nat-to-ink-usd-1-2-bn-loan-agreement-for-10-ramadan-salam-train-next-month\/","url_meta":{"origin":599550,"position":1},"title":"NAT to ink USD 1.2 bn loan agreement for 10 Ramadan-Salam train next month","author":"enterpriseam admin","date":"21 March 2018","format":false,"excerpt":"The National Authority for Tunnels (NAT) will sign next month a USD 1.2 bn loan agreement with the Export-Import Bank of China to build an electric rail line linking Salam City with Tenth of Ramadan City and the new administrative capital, the authority\u2019s planning chief Tarek Abul Wafa tells Al\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":623329,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/egypt-to-sign-usd-1-2-bn-loan-agreement-next-month-for-10-ramadan-salam-city-rail\/","url_meta":{"origin":599550,"position":2},"title":"Egypt to sign USD 1.2 bn loan agreement next month for 10 Ramadan-Salam City rail","author":"enterpriseam admin","date":"28 October 2018","format":false,"excerpt":"Egypt to sign USD 1.2 bn loan agreement next month for 10 Ramadan-Salam rail: Egypt will sign next month a USD 1.2 bn loan agreement with the Export-Import Bank of China to build an electric rail line linking Salam City with Tenth of Ramadan City and the new administrative capital,\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","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":642090,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/transport-ministry-looking-to-fund-local-components-for-electrical-train-ahead-of-inking-usd-725-loan-agreement-with-china\/","url_meta":{"origin":599550,"position":3},"title":"Transport Ministry looking to fund local components for electrical train ahead of inking USD 725 loan agreement with China","author":"enterpriseam admin","date":"6 August 2017","format":false,"excerpt":"The Transport Ministry is on the lookout for someone to fund the USD 500 mn venture to manufacture local components for its electric rail line project which will link Salam City with Tenth of Ramadan and the new administrative capital, Minister Hisham Arafat said on Saturday, Al Borsa reports. The\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":610849,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/28\/chinese-firms-to-secure-usd-250-mn-loan-for-cairo-light-rail-expansion\/","url_meta":{"origin":599550,"position":4},"title":"Chinese firms to secure USD 250 mn loan for Cairo light rail expansion","author":"enterpriseam admin","date":"28 November 2023","format":false,"excerpt":"The funds will be used to install electrical and mechanical systems","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1535.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593202,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/20\/usas-exim-bank-allocates-usd-2-bn-in-funding-for-egypt\/","url_meta":{"origin":599550,"position":5},"title":"USA\u2019s Exim Bank allocates USD 2 bn in funding for Egypt","author":"enterpriseam admin","date":"20 November 2019","format":false,"excerpt":"US\u2019 Exim Bank allocates USD 2 bn in funding for Egypt: The Export-Import Bank of the US has earmarked USD 2 bn in funding for Egypt \u201cover the coming period,\u201d board of directors member Judith Pryor said on Monday, according to Al Mal. 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