{"id":599586,"date":"2019-01-03T04:45:57","date_gmt":"2019-01-03T04:45:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/"},"modified":"2019-01-03T04:45:57","modified_gmt":"2019-01-03T04:45:57","slug":"hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/","title":{"rendered":"Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars"},"content":{"rendered":"<p><b>Hyundai Rotem lands USD 134.5 mn contract to supply metro cars: <\/b>Hyundai Rotem has landed a USD 134.5 mn contract to supply Egypt with 48 air-conditioned cars for line two of the Cairo Metro by 2021, <a href=\"https:\/\/pulsenews.co.kr\/view.php?year=2019&no=2718\">South Korea\u2019s Pulse News reports<\/a>. The agreement will be funded via a facility fund from the European Bank for Reconstruction and Development (EBRD) amid government efforts to upgrade the country\u2019s metro system, <a href=\"https:\/\/www.youm7.com\/story\/2019\/1\/2\/%D8%A7%D9%84%D9%82%D9%88%D9%85%D9%8A%D8%A9-%D9%84%D9%84%D8%A3%D9%86%D9%81%D8%A7%D9%82-%D8%AA%D8%B9%D9%84%D9%86-%D9%81%D9%88%D8%B2-%D9%87%D9%88%D9%86%D8%AF%D8%A7%D9%89-%D8%B1%D9%88%D8%AA%D9%85-%D8%A7%D9%84%D9%83%D9%88%D8%B1%D9%8A%D8%A9-%D8%A8%D8%AA%D9%88%D8%B1%D9%8A%D8%AF-6-%D9%82%D8%B7%D8%A7%D8%B1%D8%A7%D8%AA\/4089110\">Youm7 reported<\/a>. The agreement includes Hyundai provides maintenance for the cars through 2031. This is the third time the South Korean company has won a bid to supply Egypt\u2019s National Authority for Tunnels with metro cars. <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/hyundai-rotem-lands-eur-350-mn-contract-to-supply-metro-cars\/\">In 2017<\/a>, it signed a c.EUR 350 mn agreement to supply 32 cars for Cairo Metro\u2019s lines three and four. <a href=\"http:\/\/www.koreaherald.com\/view.php?ud=20190102000104\">The Korea Herald<\/a> also had the story.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyundai Rotem lands USD 134.5 mn contract to supply metro cars: Hyundai Rotem has landed a USD 134.5 mn contract to supply Egypt with 48 air-conditioned cars for line two of the Cairo Metro by 2021, South Korea\u2019s Pulse News reports. The agreement will be funded via a facility fund from the European Bank for [&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":[8572],"tags":[72,418,414,2380,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599586","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-hyundai-rotem","tag-south-korea","tag-speed-round","tag-transport","wpautop","entry"],"acf":{"mongo_id":"6d95a509-758b-4227-8cfd-3ad2d77e3460","is_powered_by":true,"section_story_id":"faf59b17-5426-4507-8af0-ab22c37ccd19","story_type":"1","photo_url":"","photo_position":"above","related_issue":[599573],"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>Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars - 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\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars\" \/>\n<meta property=\"og:description\" content=\"Hyundai Rotem lands USD 134.5 mn contract to supply metro cars: Hyundai Rotem has landed a USD 134.5 mn contract to supply Egypt with 48 air-conditioned cars for line two of the Cairo Metro by 2021, South Korea\u2019s Pulse News reports. The agreement will be funded via a facility fund from the European Bank for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-03T04:45:57+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\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars\",\"datePublished\":\"2019-01-03T04:45:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/\"},\"wordCount\":140,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Hyundai Rotem\",\"South Korea\",\"SPEED ROUND\",\"transport\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/\",\"name\":\"Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars - 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Talks with South Korea regarding the funding of Cairo Metro Line 5 are also ongoing, and Transport Minister Galal Saeed met with South Korea\u2019s ambassador in Cairo yesterday\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":629828,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/","url_meta":{"origin":599586,"position":3},"title":"SEMAF eyes part of 64 metro trains won by Alstom and Rotem","author":"enterpriseam admin","date":"2 April 2018","format":false,"excerpt":"The Arab Organization for Industrialization\u2019s SEMAF factory is in talks with France\u2019s Alstom and Hyundai Rotem to manufacture some of 64 new metro trains for the third and fourth phases of the Cairo Metro Line 3, Al Shorouk reports. 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Under the agreement, the South Korean railway equipment manufacturer will produce 40 trains comprising 320 carriages for Metro lines 2 and 3 alongside the\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/393.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624226,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/03\/eib-plans-to-sign-loan-agreements-with-egypt-worth-eur-589-mn-by-end-2018\/","url_meta":{"origin":599586,"position":5},"title":"EIB plans to sign loan agreements with Egypt worth EUR 589 mn by end-2018","author":"enterpriseam admin","date":"3 September 2018","format":false,"excerpt":"EIB plans to sign loan agreements with Egypt worth EUR 589 mn by end-2018: The European Investment Bank\u2019s (EIB) board of directors has signed off on extending new loans to Egypt worth a combined EUR 589 mn, EIB\u2019s North Africa and Middle East Director Flavia Palanza tells Al Mal. 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