{"id":609416,"date":"2023-11-05T00:00:00","date_gmt":"2023-11-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/"},"modified":"2023-11-05T00:00:00","modified_gmt":"2023-11-05T00:00:00","slug":"more-funding-for-cairo-metro-line-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/","title":{"rendered":"More funding for Cairo Metro Line 4?"},"content":{"rendered":"

DEBT-<\/strong><\/p>\n

Tunnels authority wants more financing for Cairo Metro Line 4: <\/strong>The National Tunnels Authority (NTA) is looking to secure an EGP 17 bn loan from a consortium of local banks, led by Banque Misr and the National Bank of Egypt, to fund the construction of the Cairo Metro Line 4, Asharq Business<\/a> reported, citing three sources with knowledge of the matter. The authority is looking to finish up the necessary paperwork in 1Q 2024 for disbursement to start in April. <\/p>\n

Refresher: <\/strong>The first, 19-km phase of the fourth line<\/a> will connect Cairo, Giza and Sixth of October City. It is expected to take six years to complete. The second, 23.5-km phase, will connect to New Cairo. The project is being financed by a JPY loan<\/a> provided by the Japanese International Corporation Agency (JICA).<\/p>\n","protected":false},"excerpt":{"rendered":"

The NTA wants to secure an EGP 17 bn loan from local banks for Cairo Metro Line 4<\/p>\n","protected":false},"author":1,"featured_media":609417,"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":[7209],"tags":[111,88,72,125,2091,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-609416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-debt-watch","tag-enterpriseam","tag-investment-watch","tag-metro-line-4","tag-transport","wpautop","entry"],"acf":{"mongo_id":"a782dd6c-ea40-4924-8635-2f6679f5997e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/156.jpg","photo_position":"above","homepage_title":"","full_issue_title":"More funding for Cairo Metro Line 4?","related_issue":[609384],"teaser":"The NTA wants to secure an EGP 17 bn loan from local banks for Cairo Metro Line 4","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.a3d17a95-c9b3-43cc-9ef7-3009672b371d.mp3"},"yoast_head":"\nMore funding for Cairo Metro Line 4? - 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\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More funding for Cairo Metro Line 4?\" \/>\n<meta property=\"og:description\" content=\"The NTA wants to secure an EGP 17 bn loan from local banks for Cairo Metro Line 4\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-05T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/156.jpg?fit=%2C&ssl=1\" \/>\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\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More funding for Cairo Metro Line 4?\",\"datePublished\":\"2023-11-05T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/\"},\"wordCount\":136,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/156.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"debt watch\",\"EnterpriseAM\",\"investment watch\",\"Metro Line 4\",\"transport\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/05\/more-funding-for-cairo-metro-line-4\/\",\"name\":\"More funding for Cairo Metro Line 4? 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They said\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/392.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599549,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/egypt-to-inaugurate-phase-4a-of-cairo-metro-line-3-this-month\/","url_meta":{"origin":609416,"position":1},"title":"Egypt to inaugurate phase 4A of Cairo Metro Line 3 this month","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"The government will inaugurate this month phase 4A of the EGP 32 bn Cairo Metro Line 3, National Tunnels Authority central administration head Tarek Abu El Wafa told Al Shorouk. The 4 km phase link four stations in New Cairo \u2014 Harun, Heliopolis, Alf Maskan, and Shams Club.","rel":"","context":"In "Automotive + Transportation"","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":645065,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/nta-to-sign-new-contract-for-cairo-metro-line-6-today-with-canadas-bombardier\/","url_meta":{"origin":609416,"position":2},"title":"NTA to sign new contract for Cairo Metro Line 6 today with Canada\u2019s Bombardier","author":"enterpriseam admin","date":"11 July 2017","format":false,"excerpt":"In other metro news, the National Tunnels Authority (NTA) will sign a preliminary contract today for the Cairo Metro\u2019s Line 6 with Canada\u2019s Bombardier, according to Al Borsa. The line will be complete by 2022 and run parallel to Line 1, NTA spokesperson Hassan Tawfik said. Bombardier is expected to\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":572326,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/nat-postpones-tender-to-supply-railcars-for-phase-1-of-cairo-metro-line-4\/","url_meta":{"origin":609416,"position":3},"title":"NAT postpones tender to supply railcars for phase 1 of Cairo Metro Line 4","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"The National Authority for Tunnels (NAT) has pushed an international tender to supply railcars for phase 1 of Cairo Metro Line 4 to 16 July, from 17 June, according to the local press. 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The agreement,\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/609416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=609416"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/609416\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/609384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/609417"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=609416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=609416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=609416"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=609416"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=609416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}