{"id":627823,"date":"2018-06-12T03:37:44","date_gmt":"2018-06-12T03:37:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/"},"modified":"2018-06-12T03:37:44","modified_gmt":"2018-06-12T03:37:44","slug":"govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/","title":{"rendered":"Gov\u2019t is in talks with investors to participate in Sinai development projects"},"content":{"rendered":"<p>The government is in talks with several private sector investors from different sectors to participate in its development projects in the Sinai Peninsula, Tahya Misr Fund board of trustees member <a href=\"https:\/\/alborsanews.com\/2018\/06\/11\/1110263\">Reham Abu Ismail says<\/a>. Work on the first 500k feddans phase of the development project is expected to begin after the Eid El Fitr break, according to Abu Ismail. The Housing Ministry had rolled out its EGP 32 bn development strategy for Sinai, which relies heavily on incentivizing investors to do business in the peninsula, <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/27\/housing-ministry-rolls-out-ambitious-egp-32-bn-sinai-development-strategy\/\">earlier this year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is in talks with several private sector investors from different sectors to participate in its development projects in the Sinai Peninsula, Tahya Misr Fund board of trustees member Reham Abu Ismail says. Work on the first 500k feddans phase of the development project is expected to begin after the Eid El Fitr break, [&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":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627823","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"cc7a8b20-2f2d-455f-a972-84c2c771b392","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Gov\u2019t is in talks with investors to participate in Sinai development projects","related_issue":[627785],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2503fead-3d77-4401-b7eb-86bdad524e73.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>Gov\u2019t is in talks with investors to participate in Sinai development projects - 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\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t is in talks with investors to participate in Sinai development projects\" \/>\n<meta property=\"og:description\" content=\"The government is in talks with several private sector investors from different sectors to participate in its development projects in the Sinai Peninsula, Tahya Misr Fund board of trustees member Reham Abu Ismail says. Work on the first 500k feddans phase of the development project is expected to begin after the Eid El Fitr break, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-12T03:37:44+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\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t is in talks with investors to participate in Sinai development projects\",\"datePublished\":\"2018-06-12T03:37:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/govt-is-in-talks-with-investors-to-participate-in-sinai-development-projects\/\",\"name\":\"Gov\u2019t is in talks with investors to participate in Sinai development projects - 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The measures are meant\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630237,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/govt-pledges-egp-275-bn-for-sinai-development-over-four-years\/","url_meta":{"origin":627823,"position":1},"title":"Gov\u2019t pledges EGP 275 bn for Sinai development over four years","author":"enterpriseam admin","date":"16 April 2018","format":false,"excerpt":"Gov\u2019t pledges EGP 275 bn for Sinai development over four years: Yesterday also saw Prime Minister Sherif Ismail deliver a speech to the House on the government\u2019s spending plans to develop Sinai, which he says will cost EGP 275 bn over the coming four years. These would be financed by\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":[]},{"id":628949,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/govt-to-borrow-up-to-usd-5-bn-from-world-bank-regional-funds-for-sinai-development\/","url_meta":{"origin":627823,"position":2},"title":"Gov\u2019t to borrow up to USD 5 bn from World Bank, regional funds for Sinai development","author":"enterpriseam admin","date":"17 May 2018","format":false,"excerpt":"The Ismail government is in talks to borrow as much as USD 5 bn from the World Bank and other lenders to support development in Sinai, sources tell Al Mal. The Housing and Investment Ministries are leading the efforts to identify priority projects in Sinai, the sources add. Investment Minister\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":649193,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/al-jamaa-al-islamiya-calls-for-an-end-to-state-violence-in-sinai\/","url_meta":{"origin":627823,"position":3},"title":"Al Jama\u2019a Al Islamiya calls for an end to state violence in Sinai","author":"enterpriseam admin","date":"24 April 2017","format":false,"excerpt":"The political arm of the ultra-conservative Al Jama\u2019a Al Islamiya, the Building and Development Party, launched an initiative on Saturday calling for an end to state violence in Sinai, Daily News Egypt reports. The party\u2019s plan would see a ceasefire and the suspension of military raids coming into effect to\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651044,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/house-sanctions-kwd-50-mn-loan-for-sinai-development-projects\/","url_meta":{"origin":627823,"position":4},"title":"House sanctions KWD 50 mn loan for Sinai development projects","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"The House of Representatives approved a KWD 50 mn (USD 164 mn) loan from the Arab Fund for Social and Economic Development on Tuesday meant to finance water exploration and agricultural projects in Sinai, Ahram Gate reported. 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