{"id":627159,"date":"2018-07-24T04:22:23","date_gmt":"2018-07-24T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/"},"modified":"2018-07-24T04:22:23","modified_gmt":"2018-07-24T04:22:23","slug":"elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/","title":{"rendered":"Elsewedy, Arab Contractors bidding to build USD 3 bn hydroelectric dam in Tanzania"},"content":{"rendered":"<p><strong>Elsewedy Electric and Arab Contractors are among five companies that were shortlisted in the tender for a USD 3 bn hydroelectric dam over Tanzania\u2019s Rufiji River<\/strong>, CEO Ahmed El Sewedy <a href=\"http:\/\/www.almalnews.com\/Story\/383270\/12\/%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%AF%D9%89-%D9%88%D8%A7%D9%84%D9%85%D9%82%D8%A7%D9%88%D9%84%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A8-%D9%8A%D9%86%D8%A7%D9%81%D8%B3%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%A8%D9%86%D8%A7%D8%A1-%D8%A3%D9%83%D8%A8%D8%B1-%D8%B3%D8%AF-%D9%83%D9%87%D8%B1%D9%88\">tells Al Mal<\/a>, without naming the other suitors. The Tanzanian government is expected to secure funding for the 2.1 GW project, which received prequalification offers from 17 companies, according to El Sewedy, who adds that he expects the winning bid to be announced in 3-4 months\u2019 time. Elsewedy has around 25 projects in Africa and is studying expanding into other markets, including Kenya. Arab Contractors <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/09\/arab-contractors-looking-to-get-in-on-usd-400-450-mn-worth-of-infrastructure-projects-in-africa\/\">is also competing for infrastructure projects worth USD 400-450 mn<\/a> across the continent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elsewedy Electric and Arab Contractors are among five companies that were shortlisted in the tender for a USD 3 bn hydroelectric dam over Tanzania\u2019s Rufiji River, CEO Ahmed El Sewedy tells Al Mal, without naming the other suitors. The Tanzanian government is expected to secure funding for the 2.1 GW project, which received prequalification offers [&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":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627159","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"bfe246ce-4949-42df-a4e9-d1add9afc615","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[627135],"teaser":"","voice_url":""},"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>Elsewedy, Arab Contractors bidding to build USD 3 bn hydroelectric dam in Tanzania - 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\/24\/elsewedy-arab-contractors-bidding-to-build-usd-3-bn-hydroelectric-dam-in-tanzania\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elsewedy, Arab Contractors bidding to build USD 3 bn hydroelectric dam in Tanzania\" \/>\n<meta property=\"og:description\" content=\"Elsewedy Electric and Arab Contractors are among five companies that were shortlisted in the tender for a USD 3 bn hydroelectric dam over Tanzania\u2019s Rufiji River, CEO Ahmed El Sewedy tells Al Mal, without naming the other suitors. 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Elsewedy Electric and Arab Contractors were among the five companies shortlisted for the 2.1 GW project, which will be financed by the Tanzanian government. Tanzanian President John Magufuli\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597508,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/egypts-shaker-tanzanias-magufuli-break-ground-on-stieglers-gorge-dam\/","url_meta":{"origin":627159,"position":1},"title":"Egypt\u2019s Shaker, Tanzania\u2019s Magufuli break ground on Stiegler\u2019s Gorge dam","author":"enterpriseam admin","date":"29 July 2019","format":false,"excerpt":"Shaker, Tanzanian president break ground on Rufiji river dam: Electricity Minister Mohamed Shaker and Tanzanian President John Magufuli broke ground on the 2.1 GW Stiegler's Gorge Hydroelectric Power Station in Tanzania that will be constructed by a joint venture between our friends at Elsewedy Electric and Arab Contractors, reports Masrawy.\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621766,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/afreximbank-in-talks-over-usd-800-mn-loan-for-arab-contractors-elsewedy-electric\/","url_meta":{"origin":627159,"position":2},"title":"AfreximBank in talks over USD 800 mn loan for Arab Contractors, Elsewedy Electric","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"The African Bank for Import and Export (AfreximBank) is considering arranging and managing an USD 800 mn loan for Arab Contractors and Elsewedy Electric to build a USD 2 bn, 2.1 GW hydroelectric dam over Tanzania\u2019s Rufiji River, according to Al Shorouk. Arab Contractors was awarded the tender for the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578369,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/26\/uaes-fintech-galaxy-acquires-underlie-o7-gears-up-for-a-gcc-expansion-in-2023\/","url_meta":{"origin":627159,"position":3},"title":"UAE\u2019s Fintech Galaxy acquires Underlie + O7 gears up for a GCC expansion in 2023","author":"enterpriseam admin","date":"26 December 2022","format":false,"excerpt":"STARTUPS-UAE-based open banking platform Fintech Galaxy has acquired Egyptian API provider Underlie for an undisclosed sum, according to a press release. 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The agreement is worth\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604822,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/13\/elsewedy-arab-contractors-ink-usd-2-9-bn-tanzania-dam-agreement\/","url_meta":{"origin":627159,"position":5},"title":"Elsewedy, Arab Contractors ink USD 2.9 bn Tanzania dam agreement","author":"enterpriseam admin","date":"13 December 2018","format":false,"excerpt":"Elsewedy, Arab Contractors ink USD 2.9 bn dam construction agreement with Tanzania: A joint venture between Elsewedy Electric and Arab Contractors has signed a USD 2.9 bn agreement to build a 2.1 GW dam and a hydropower plant over Tanzania\u2019s Rufiji River, Elsewedy said in a statement (pdf). The final\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/627159","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=627159"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627159\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627135"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627159"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627159"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}