{"id":625360,"date":"2018-08-02T03:48:38","date_gmt":"2018-08-02T03:48:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/"},"modified":"2018-08-02T03:48:38","modified_gmt":"2018-08-02T03:48:38","slug":"ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/","title":{"rendered":"EBRD provides EUR 205 mn loan for Cairo Metro Line 1 rehabilitation"},"content":{"rendered":"

<\/a> INFRASTRUCTURE WATCH- EBRD provides EUR 205 mn loan to rehab Cairo Metro\u2019s Line 1:<\/strong> The Madbouly government signed yesterday a EUR 205 mn loan agreement with the European Bank for Reconstruction and Development (EBRD) to finance the rehabilitation of infrastructure on the Cairo Metro\u2019s Line 1, according to a Cabinet statement<\/a>. \u201cThe funds will finance urgent works on Line 1 \u2014 the oldest of the Cairo underground lines \u2014 which remains the backbone of the system and is used by 500 mn customers per year. Investments will increase the line\u2019s capacity by 40 per cent by reducing headway (the time between trains) from 3.5 minutes to 2.5 minutes, thereby improving levels of safety, comfort and service reliability,\u201d according to an EBRD statement<\/a>.<\/p>\n

Background:<\/strong> The loan is part of a EUR 600 mn funding agreement<\/a> \u2014 the balance of which will be provided by the French Development Agency and the European Investment Bank \u2014 for the first phase of the line\u2019s development. The National Authority for Tunnels is expected to contribute an additional EUR 145 mn for the first phase. The EUR 650 mn second phase will entail the purchase of an unspecified number of metro cars, Transport Minister Hisham Arafat said yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"

INFRASTRUCTURE WATCH- EBRD provides EUR 205 mn loan to rehab Cairo Metro\u2019s Line 1: The Madbouly government signed yesterday a EUR 205 mn loan agreement with the European Bank for Reconstruction and Development (EBRD) to finance the rehabilitation of infrastructure on the Cairo Metro\u2019s Line 1, according to a Cabinet statement. \u201cThe funds will finance […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625360","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1ba61042-3948-46ab-afdb-8cce066a9b3f","order":"0","is_powered_by":true,"section_story_id":"96b705aa-bc92-4b96-be3d-9e2b239ca0f6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625347],"teaser":"","voice_url":""},"yoast_head":"\nEBRD provides EUR 205 mn loan for Cairo Metro Line 1 rehabilitation - 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\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD provides EUR 205 mn loan for Cairo Metro Line 1 rehabilitation\" \/>\n<meta property=\"og:description\" content=\"INFRASTRUCTURE WATCH- EBRD provides EUR 205 mn loan to rehab Cairo Metro\u2019s Line 1: The Madbouly government signed yesterday a EUR 205 mn loan agreement with the European Bank for Reconstruction and Development (EBRD) to finance the rehabilitation of infrastructure on the Cairo Metro\u2019s Line 1, according to a Cabinet statement. \u201cThe funds will finance […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-02T03:48:38+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\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\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD provides EUR 205 mn loan for Cairo Metro Line 1 rehabilitation\",\"datePublished\":\"2018-08-02T03:48:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/\"},\"wordCount\":200,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/ebrd-provides-eur-205-mn-loan-for-cairo-metro-line-1-rehabilitation\/\",\"name\":\"EBRD provides EUR 205 mn loan for Cairo Metro Line 1 rehabilitation - 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