{"id":632987,"date":"2018-02-25T04:06:51","date_gmt":"2018-02-25T04:06:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/infrastructure-watch-european-funding-in-the-pipeline-for-cairo-metro-line-one-dry-ports-desalination-plant-and-alexandria-tram\/"},"modified":"2018-02-25T04:06:51","modified_gmt":"2018-02-25T04:06:51","slug":"infrastructure-watch-european-funding-in-the-pipeline-for-cairo-metro-line-one-dry-ports-desalination-plant-and-alexandria-tram","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/infrastructure-watch-european-funding-in-the-pipeline-for-cairo-metro-line-one-dry-ports-desalination-plant-and-alexandria-tram\/","title":{"rendered":"INFRASTRUCTURE WATCH- European funding in the pipeline for Cairo Metro Line One, dry ports, desalination plant and Alexandria tram"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>INFRASTRUCTURE WATCH- European funding in the pipeline for Cairo Metro Line One, dry ports, desalination plant and Alexandria tram:<\/strong> The Transport Ministry expects to sign in May a EUR 600 mn loan agreement with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the French Development Agency (AFD) to finance the infrastructure of Cairo Metro Line 1, <a href=\"http:\/\/www.almalnews.com\/Story\/366320\/58\/-%D9%87%D8%B4%D8%A7%D9%85-%D8%B9%D8%B1%D9%81%D8%A7%D8%AA--%D8%AA%D9%88%D9%81%D9%8A%D8%B1-600-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88-%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D8%AE%D8%B7-%D8%A7%D9%84%D8%A3%D9%88%D9%84-%D9%84%D9%84%D9%85%D8%AA%D8%B1%D9%88-\">Al Mal reports<\/a>. According to the agreement, the National Authority for Tunnels will contribute an additional EUR 100 mn for the project.<\/p>\n<p><strong>The EBRD is also planning to fund six dry ports and a desalination plant in Egypt this year<\/strong> under a plan to invest EUR 1.5 bn in the country in 2018, Managing Director for the Southern and Eastern Mediterranean region, Janet Heckman, <a href=\"http:\/\/www.almalnews.com\/Story\/366376\/15\/EBRD-%D9%8A%D8%B3%D8%B9%D9%89-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D9%85%D8%B4%D8%A7%D8%B1%D9%83%D8%A9-%D9%81%D9%89-%D8%AA%D9%85%D9%88%D9%8A%D9%84-6-%D9%85%D9%88%D8%A7%D9%86%D8%A6-%D8%AC%D8%A7%D9%81%D8%A9-%D9%88%D9%85%D8%AD%D8%B7%D8%A9-%D8%AA%D8%AD%D9%84%D9%8A%D8%A9--\">told Al Mal<\/a>, without elaborating.<\/p>\n<p><strong>The Transport ministry will sign a separate EUR 237 mn loan agreement with the EIB and AFD to finance the Alexandria tram project in September<\/strong>. The AFD has also facilitated a EUR 8 mn grant to fund the technical studies for the project, and is expected to sign the contract for the funding next month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INFRASTRUCTURE WATCH- European funding in the pipeline for Cairo Metro Line One, dry ports, desalination plant and Alexandria tram: The Transport Ministry expects to sign in May a EUR 600 mn loan agreement with the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the French Development Agency (AFD) to finance [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632987","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4a92abdd-296e-4253-98d5-7f38f9fcce77","order":"0","is_powered_by":true,"section_story_id":"2d4745ab-f03d-49c8-aa16-005505c5db35","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632966],"teaser":"","voice_url":""},"yoast_head":"<!-- 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The two institutions, along with the European Bank for Reconstruction (EBRD), have already committed to offering\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":558206,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/more-ebrd-money-for-abu-qir-railway-conversion\/","url_meta":{"origin":632987,"position":3},"title":"More EBRD money for Abu Qir railway conversion","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"An extra EUR 250 mn for Abu Qir metro, courtesy of EBRD: The project to convert Alexandria\u2019s Abu Qir railway into an underground metro will be getting an additional EUR 250 mn from the European Bank for Reconstruction and Development, after the bank approved a formal loan request submitted by\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\/2021\/8\/36.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557576,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/23\/ebrd-pledges-nearly-usd-1-bn-increase-in-green-cities-investments-worldwide\/","url_meta":{"origin":632987,"position":4},"title":"EBRD pledges nearly USD 1 bn increase in Green Cities investments worldwide","author":"enterpriseam admin","date":"23 September 2021","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) will nearly double its \u201cpriority investments\u201d in its Green Cities program to around EUR 1.9 bn by end-2023, up from EUR 1.01 bn as of this August, according to a statement. Under the newly announced Green Cities Compact, the European development bank\u2026","rel":"","context":"In &quot;Sustainability&quot;","block_context":{"text":"Sustainability","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/sustainability\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/332.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565674,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/kom-ombo-solar-plant-and-green-cities-to-get-ebrd-funding\/","url_meta":{"origin":632987,"position":5},"title":"Kom Ombo solar plant and green cities to get EBRD funding","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"Kom Ombo solar plant to get USD 114 mn financing package from the EBRD and Co: ACWA Power was awarded a USD 114 mn financing package for its 200 MW Kom Ombo solar power plant by the European Bank for Reconstruction and Development (EBRD), OPEC Fund for International Development, African\u2026","rel":"","context":"In &quot;SPEED ROUND: INFRASTRUCTURE&quot;","block_context":{"text":"SPEED ROUND: INFRASTRUCTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-infrastructure\/"},"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\/632987","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=632987"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632987\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632966"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632987"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632987"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}