{"id":601170,"date":"2019-02-20T03:45:19","date_gmt":"2019-02-20T03:45:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypts-naccud-in-talks-with-frances-edf-for-electric-systems-in-new-capital\/"},"modified":"2019-02-20T03:45:19","modified_gmt":"2019-02-20T03:45:19","slug":"egypts-naccud-in-talks-with-frances-edf-for-electric-systems-in-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/egypts-naccud-in-talks-with-frances-edf-for-electric-systems-in-new-capital\/","title":{"rendered":"Egypt\u2019s NACCUD in talks with France\u2019s EDF for electric systems in new capital"},"content":{"rendered":"<p>The New Administrative Capital Company for Urban Development (NACCUD) is in talks with \u00c9lectricit\u00e9 de France (EDF) to sign a 10-year partnership to develop and manage the city\u2019s electrical power system, NACCUD boss Ahmed Zaki Abdeen said, according to Amwal Al Ghad. Developing utilities in the new capital is estimated to come at a cost of EGP 4 bn. EDF will share revenues with the government for the 10-year period, following which a holding company will be set up to take charge. Separately, NACCUD has received requests from five companies, four of which are Arab and one Spanish, for land plots in the new capital under a profit-sharing framework, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1371480\">according to the local press<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New Administrative Capital Company for Urban Development (NACCUD) is in talks with \u00c9lectricit\u00e9 de France (EDF) to sign a 10-year partnership to develop and manage the city\u2019s electrical power system, NACCUD boss Ahmed Zaki Abdeen said, according to Amwal Al Ghad. Developing utilities in the new capital is estimated to come at a cost [&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":[7278],"tags":[93,72,7111,875],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601170","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-energy","tag-enterpriseam","tag-infrastructure","tag-new-administrative-capital","wpautop","entry"],"acf":{"mongo_id":"9da190d6-9b78-4748-9bbd-1d08a5125eb1","is_powered_by":true,"section_story_id":"3ec31b07-04bf-4fdf-88d0-d6c3641abfa5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601137],"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\u2019s NACCUD in talks with France\u2019s EDF for electric systems in new capital - 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\/20\/egypts-naccud-in-talks-with-frances-edf-for-electric-systems-in-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s NACCUD in talks with France\u2019s EDF for electric systems in new capital\" \/>\n<meta property=\"og:description\" content=\"The New Administrative Capital Company for Urban Development (NACCUD) is in talks with \u00c9lectricit\u00e9 de France (EDF) to sign a 10-year partnership to develop and manage the city\u2019s electrical power system, NACCUD boss Ahmed Zaki Abdeen said, according to Amwal Al Ghad. 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