{"id":600752,"date":"2019-02-10T04:18:41","date_gmt":"2019-02-10T04:18:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/"},"modified":"2019-02-10T04:18:41","modified_gmt":"2019-02-10T04:18:41","slug":"china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/","title":{"rendered":"China Development Bank offers USD 3.7 bn in financing to Egypt\u2019s EEHC"},"content":{"rendered":"

BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company<\/b> for the construction of the 6 GW Hamrawein \u2018clean coal\u2019 power plant, unnamed sources told the domestic press<\/a>. Construction of the plant was awarded to a consortium of Chinese companies and Hassan Allam Holding at a total cost of USD 4.4 bn last year.<\/a> The remainder of the financing for the project is expected to come from local banks, according to the sources. The Egyptian government was said in October to have been seeking better terms<\/a> from CDB on the financing package.<\/p>\n","protected":false},"excerpt":{"rendered":"

BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for the construction of the 6 GW Hamrawein \u2018clean coal\u2019 power plant, unnamed sources told the domestic press. Construction of the plant was awarded to a consortium of Chinese companies and Hassan Allam Holding at a […]<\/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":[130,7097,93,72,7087,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600752","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-construction","tag-development","tag-energy","tag-enterpriseam","tag-finance","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"50ea3792-df51-47c5-bbdf-8a0515d961c2","is_powered_by":true,"section_story_id":"c7fe2bad-e1f4-40e5-9d92-6cd736c32859","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600737],"teaser":"","voice_url":""},"yoast_head":"\nChina Development Bank offers USD 3.7 bn in financing to Egypt\u2019s EEHC - 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\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Development Bank offers USD 3.7 bn in financing to Egypt\u2019s EEHC\" \/>\n<meta property=\"og:description\" content=\"BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for the construction of the 6 GW Hamrawein \u2018clean coal\u2019 power plant, unnamed sources told the domestic press. Construction of the plant was awarded to a consortium of Chinese companies and Hassan Allam Holding at a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-10T04:18:41+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\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"China Development Bank offers USD 3.7 bn in financing to Egypt\u2019s EEHC\",\"datePublished\":\"2019-02-10T04:18:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"construction\",\"development\",\"energy\",\"EnterpriseAM\",\"Finance\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/10\/china-development-bank-offers-usd-3-7-bn-in-financing-to-egypts-eehc\/\",\"name\":\"China Development Bank offers USD 3.7 bn in financing to Egypt\u2019s EEHC - 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Bing said negotiations between the\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":601717,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/finmin-mulling-issuing-letter-of-guarantee-for-hamrawein-coal-plant\/","url_meta":{"origin":600752,"position":1},"title":"FinMin mulling issuing letter of guarantee for Hamrawein coal plant","author":"enterpriseam admin","date":"7 March 2019","format":false,"excerpt":"The Finance Ministry is set to meet next month with the China Development Bank (CDB) to discuss the latter\u2019s offer to finance the USD 4.4 bn, 6 GW Hamrawein \u201cclean coal\u201d power plant ahead of issuing a letter of guarantee for the project, according to unnamed government sources. CDB is\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600848,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/china-eximbank-to-finance-egypts-usd-2-6-bn-attaqa-hydroelectric-plant\/","url_meta":{"origin":600752,"position":2},"title":"China Eximbank to finance Egypt\u2019s USD 2.6 bn Attaqa hydroelectric plant","author":"enterpriseam admin","date":"12 February 2019","format":false,"excerpt":"China Eximbank to finance USD 2.6 bn large-scale Attaqa hydroelectric plant: The Egyptian Electricity Holding Company has signed a financing agreement with the Export\u2013Import Bank of China for the USD 2.6 bn, 2400 MW Attaqa pumped-storage hydroelectric plant, sources from the ministry said. 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