{"id":622026,"date":"2018-11-25T04:22:08","date_gmt":"2018-11-25T04:22:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/"},"modified":"2018-11-25T04:22:08","modified_gmt":"2018-11-25T04:22:08","slug":"parliament-not-happy-about-loans-for-rail-project-demands-investment-instead","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/","title":{"rendered":"Parliament not happy about loans for rail project, demands investment instead"},"content":{"rendered":"<p>House Economic Committee member Amr El Gohary is not happy at the prospect of taking on more loans to finance the Alamein-Ain Sokhna high-speed electric rail project, the construction of which he tells <a href=\"https:\/\/almalnews.com\/Story\/399905\/58\/%D9%85%D8%B7%D9%84%D8%A8-%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86%D9%8A-%D8%A8%D8%AA%D9%85%D9%88%D9%8A%D9%84--%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D8%B1%D9%8A%D8%B9--%D8%A8%D8%B9%D9%8A%D8%AF%D8%A7-%D8%B9%D9%86-%D8%A7%D9%84%D9%82%D8%B1%D9%88\">Al Mal<\/a> should be funded through local and foreign investments. China had pledged USD 1.2 bn to help finance the EGP 70 bn project <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/15\/foreign-institutions-have-pledged-nearly-usd-3bn-in-freshish-financing\/\">back in July<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Economic Committee member Amr El Gohary is not happy at the prospect of taking on more loans to finance the Alamein-Ain Sokhna high-speed electric rail project, the construction of which he tells Al Mal should be funded through local and foreign investments. China had pledged USD 1.2 bn to help finance the EGP 70 [&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":[9291],"tags":[2370,72,274,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622026","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-house-of-representatives","tag-transport","wpautop","entry"],"acf":{"mongo_id":"a625f06d-f60c-4590-8768-939f4416188c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Parliament not happy about loans for rail project, demands investment instead","related_issue":[621991],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.90cafb20-ea64-4469-90bf-fcc710849958.mp3"},"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>Parliament not happy about loans for rail project, demands investment instead - 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\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament not happy about loans for rail project, demands investment instead\" \/>\n<meta property=\"og:description\" content=\"House Economic Committee member Amr El Gohary is not happy at the prospect of taking on more loans to finance the Alamein-Ain Sokhna high-speed electric rail project, the construction of which he tells Al Mal should be funded through local and foreign investments. China had pledged USD 1.2 bn to help finance the EGP 70 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-25T04:22:08+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\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Parliament not happy about loans for rail project, demands investment instead\",\"datePublished\":\"2018-11-25T04:22:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/\"},\"wordCount\":69,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"House of Representatives\",\"transport\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/parliament-not-happy-about-loans-for-rail-project-demands-investment-instead\/\",\"name\":\"Parliament not happy about loans for rail project, demands investment instead - 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The companies are required to submit a letter of guarantee worth EGP 1 bn from an accredited bank to meet the project\u2019s prerequisites and submit their financial\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":574603,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/","url_meta":{"origin":622026,"position":2},"title":"Hill International and HJI Group to manage NAC Monorail project","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"The National Authority for Tunnelsawarded (pdf) a consortium of Hill International andHJI Group Corporation the consultancy services contract for the new monorail lines connecting the new administrative capital and Sixth of October city. 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