{"id":626970,"date":"2018-07-16T03:59:39","date_gmt":"2018-07-16T03:59:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/"},"modified":"2018-07-16T03:59:39","modified_gmt":"2018-07-16T03:59:39","slug":"chinas-crr-front-runner-to-supply-1300-railway-cars","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/","title":{"rendered":"China's CRR front runner to supply 1,300 railway cars"},"content":{"rendered":"

CRRC Corporation Limited<\/a> (CRRC) is now the front runner in a tender to supply the Egyptian National Railways with 1,300 railway cars, offering EGP 19-20 bn for the project, sources close to the matter tell Al Mal<\/a>. Under the 15-year supply and maintenance contract, Egypt will pay for the project through a loan with a four-year grace period for repayment. The government is trying to extend that period, sources added. Last week, the ministry was negotiating to lower the price<\/a> offered by the Russian-Hungarian consortium from EUR 1 bn to EUR 950 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

CRRC Corporation Limited (CRRC) is now the front runner in a tender to supply the Egyptian National Railways with 1,300 railway cars, offering EGP 19-20 bn for the project, sources close to the matter tell Al Mal. Under the 15-year supply and maintenance contract, Egypt will pay for the project through a loan with a […]<\/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-626970","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"36aabe21-8c26-4c86-bc8c-123f9869092b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"China's CRR front runner to supply 1,300 railway cars","related_issue":[626934],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.cce6c890-e057-48ea-a07f-927deca9d256.mp3"},"yoast_head":"\nChina's CRR front runner to supply 1,300 railway cars - 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\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's CRR front runner to supply 1,300 railway cars\" \/>\n<meta property=\"og:description\" content=\"CRRC Corporation Limited (CRRC) is now the front runner in a tender to supply the Egyptian National Railways with 1,300 railway cars, offering EGP 19-20 bn for the project, sources close to the matter tell Al Mal. Under the 15-year supply and maintenance contract, Egypt will pay for the project through a loan with a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-16T03:59:39+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\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"China's CRR front runner to supply 1,300 railway cars\",\"datePublished\":\"2018-07-16T03:59:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\"},\"wordCount\":99,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/chinas-crr-front-runner-to-supply-1300-railway-cars\/\",\"name\":\"China's CRR front runner to supply 1,300 railway cars - 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The ministry has been in talks with the Transport Ministry on ways it can contribute to building and supplying railway cars and locomotives, he\u2026","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":624835,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/19\/russias-transmashholding-to-deliver-first-batch-of-railway-cars-in-october\/","url_meta":{"origin":626970,"position":5},"title":"Russia\u2019s Transmashholding to deliver first batch of railway cars in October","author":"enterpriseam admin","date":"19 September 2018","format":false,"excerpt":"Egypt will be receiving in October the first 500 batch of 1,300 railway cars from Russia\u2019s Transmashholding, Egyptian National Railways (ENR) head Ashraf Raslan said, Al Shorouk reports. 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