{"id":604666,"date":"2018-12-10T04:19:56","date_gmt":"2018-12-10T04:19:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/egypts-carbon-holdings-secures-usd-1-25-bn-for-petrochemical-complex\/"},"modified":"2018-12-10T04:19:56","modified_gmt":"2018-12-10T04:19:56","slug":"egypts-carbon-holdings-secures-usd-1-25-bn-for-petrochemical-complex","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/egypts-carbon-holdings-secures-usd-1-25-bn-for-petrochemical-complex\/","title":{"rendered":"Egypt\u2019s Carbon Holdings secures USD 1.25 bn for petrochemical complex"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Carbon Holdings has secured another USD 1.25 bn in financing to build its massive Tahrir petrochemicals complex <\/b>after signing a contract with the Lagos-based Africa Finance Corporation, Reuters reports<\/a>. Carbon has now raised c. USD 5.4 bn for the USD 10.9 bn Tahrir Petrochemicals Company, according to a separate statement from cabinet<\/a>. That includes USD 1.6 bn from the UK, which we exclusively reported earlier this year<\/a>, and possibly a reported USD 3.1 bn<\/a> in standby funding from Chinese lenders. Basil El Baz\u2019s Carbon Holdings is raising debt financing from US, UK and German export credit agencies and development finance institutions. The plant could help double total Egyptian exports and create tens of thousands of jobs <\/b>directly and in related manufacturing industries.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Carbon Holdings has secured another USD 1.25 bn in financing to build its massive Tahrir petrochemicals complex after signing a contract with the Lagos-based Africa Finance Corporation, Reuters reports. Carbon has now raised c. USD 5.4 bn for the USD 10.9 bn Tahrir Petrochemicals Company, according to a separate statement from cabinet. That […]<\/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":[798,2381,72,705,2380,2382],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604666","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-africa-finance-corporation","tag-carbon-holdings","tag-enterpriseam","tag-petrochemicals","tag-speed-round","tag-tahrir-petrochemicals-complex","wpautop","entry"],"acf":{"mongo_id":"12c068e4-3602-4578-9719-8f66c0bb8c21","order":"0","is_powered_by":true,"section_story_id":"c31da36b-4bf5-4cd8-bfec-a250f1928052","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604658],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Carbon Holdings secures USD 1.25 bn for petrochemical complex - 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\/2018\/12\/10\/egypts-carbon-holdings-secures-usd-1-25-bn-for-petrochemical-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Carbon Holdings secures USD 1.25 bn for petrochemical complex\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Carbon Holdings has secured another USD 1.25 bn in financing to build its massive Tahrir petrochemicals complex after signing a contract with the Lagos-based Africa Finance Corporation, Reuters reports. 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USD 11 bn petrochemicals project, slated to become the largest of its kind in the region, Carbon Holdings said in a\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":603145,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/603145\/","url_meta":{"origin":604666,"position":1},"title":"CORRECTION- We incorrectly said in\u2026","author":"enterpriseam admin","date":"16 April 2019","format":false,"excerpt":"CORRECTION- We incorrectly said in yesterday\u2019s issue that the USD 5.4 bn Carbon Holdings raised for its USD 10.9 bn Tahrir Petrochemicals Complex (TPC) included USD 1.25 bn from the Lagos-based African Finance Corporation and USD 3.1 bn in standby funding from Chinese lenders. 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