{"id":624343,"date":"2018-09-05T04:01:39","date_gmt":"2018-09-05T04:01:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/financial-offers-for-alamein-ain-sokhna-electric-rail-due-in-october\/"},"modified":"2018-09-05T04:01:39","modified_gmt":"2018-09-05T04:01:39","slug":"financial-offers-for-alamein-ain-sokhna-electric-rail-due-in-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/financial-offers-for-alamein-ain-sokhna-electric-rail-due-in-october\/","title":{"rendered":"Financial offers for Alamein-Ain Sokhna electric rail due in October"},"content":{"rendered":"<p>Companies interested in the new Alamein-Ain Sokhna electric rail project will be asked to submit their financial offers in October, once the Transport Ministry completes its review of their technical bids, Deputy Minister Amr Shaath tells Amwal Al Ghad. The offers came from nine international consortiums, which include among their ranks at least five or six local companies, such as Orascom Construction, Samcrete Egypt, and El Sewedy. The <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/11\/transport-ministry-issued-terms-and-conditions-for-electrical-rail-monorail-projects\/\">electric rail line<\/a><\/u> is part of a government plan to develop Egypt\u2019s railway network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies interested in the new Alamein-Ain Sokhna electric rail project will be asked to submit their financial offers in October, once the Transport Ministry completes its review of their technical bids, Deputy Minister Amr Shaath tells Amwal Al Ghad. The offers came from nine international consortiums, which include among their ranks at least five or [&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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624343","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0724e95c-1fe6-4045-b35b-fcb4c00299d9","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Financial offers for Alamein-Ain Sokhna electric rail due in October","related_issue":[624308],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.105c513f-00c7-4d7e-b996-1114688d0444.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>Financial offers for Alamein-Ain Sokhna electric rail due in October - 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\/09\/05\/financial-offers-for-alamein-ain-sokhna-electric-rail-due-in-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial offers for Alamein-Ain Sokhna electric rail due in October\" \/>\n<meta property=\"og:description\" content=\"Companies interested in the new Alamein-Ain Sokhna electric rail project will be asked to submit their financial offers in October, once the Transport Ministry completes its review of their technical bids, Deputy Minister Amr Shaath tells Amwal Al Ghad. 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The Transport Ministry had originally selected a consortium of China Railway Engineering Corporation, China\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":622080,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/companies-interested-in-alamein-ain-sokhna-railway-project-in-talks-with-banks\/","url_meta":{"origin":624343,"position":1},"title":"Companies interested in Alamein-Ain Sokhna railway project in talks with banks","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"A number of local and international companies have approached local banks to finance the Alamein-Ain Sokhna electric rail project, sources told Al Shorouk. 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":593155,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/egypt-to-announce-details-on-alamein-ain-sokhna-high-speed-rail-soon-minister\/","url_meta":{"origin":624343,"position":2},"title":"Egypt to announce details on Alamein-Ain Sokhna high-speed rail soon- minister","author":"enterpriseam admin","date":"19 November 2019","format":false,"excerpt":"The Transport Ministry is close to completing studies of the high-speed electric rail connecting Alamein and Ain Sokhna via Sixth of October, and will announce details on the project soon, minister Kamel El Wazir said on Sunday, according to Al Mal. The ministry is currently considering bids from two consortiums\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603059,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/egypt-considering-two-china-heavy-consortiums-for-usd-8-5-bn-alamein-sokhna-electric-rail\/","url_meta":{"origin":624343,"position":3},"title":"Egypt considering two China-heavy consortiums for USD 8.5 bn Alamein-Sokhna electric rail","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Two consortiums of predominantly Chinese companies have submitted their technical and financial offers to construct the USD 8.5 bn Alamein-Ain Sokhna electric railway, a government official tells Al Shorouk. The first consortium is comprised of China Civil Engineering Construction Corporation (CCECC), China Railway Construction Corporation Limited (CRCC), local construction firm\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":601175,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/transport-ministry-to-receive-offers-on-alamein-sokhna-high-speed-rail\/","url_meta":{"origin":624343,"position":4},"title":"Transport Ministry to receive offers on Alamein-Sokhna high-speed rail","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"The Transport Ministry expects to receive technical and financial offers next month for the high-speed rail connecting Alamein and Ain Sokhna via 6 of October, Minister Hisham Arafat said, according to the local press. According to the minister, 10 out of 23 consortiums have qualified for the tender.","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":574304,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/06\/egyptian-chinese-consortium-wins-ain-sokhna-alamein-high-speed-rail-contract\/","url_meta":{"origin":624343,"position":5},"title":"Egyptian-Chinese consortium wins Ain Sokhna\u2013Alamein high-speed rail contract","author":"enterpriseam admin","date":"6 September 2020","format":false,"excerpt":"Egyptian-Chinese consortium wins Ain Sokhna-Alamein high-speed rail contract: An Egyptian-Chinese consortium has won a tender for the design, finance and operate a high-speed train linking Ain Sokhna and New Alamein, Al Mal reports, citing an unnamed source. 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