{"id":633053,"date":"2018-02-26T04:02:24","date_gmt":"2018-02-26T04:02:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/"},"modified":"2018-02-26T04:02:24","modified_gmt":"2018-02-26T04:02:24","slug":"damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/","title":{"rendered":"Damietta Port in talks for USD 305 mn to finance second container terminal"},"content":{"rendered":"<p>The Damietta Port Authority is <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/07\/damietta-port-authority-meet-with-local-banks-to-talk-financing\/\">in talks with local banks<\/a> and international financiers for a USD 305 mn loan needed for the establishment of its second container terminal, sources <a href=\"http:\/\/almalnews.com\/Story\/366483\/12\/%D9%85%D9%88%D8%A7%D9%86%D8%A6-%D8%AF%D9%85%D9%8A%D8%A7%D8%B7-%D8%AA%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%84%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6-305-%D9%85%D9%84%D8%A7%D9%8A%D9%8A%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">tell Al Mal<\/a>. The banks include NBE, CIB, QNB, and AAIB, while the international financiers include EBRD, IFC, and JICA. The Authority is looking to establish a new company to oversee the construction after negotiations failed with several firms, including China Harbor. PricewaterhouseCoopers had been tapped last year to conduct feasibility studies for the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Damietta Port Authority is in talks with local banks and international financiers for a USD 305 mn loan needed for the establishment of its second container terminal, sources tell Al Mal. The banks include NBE, CIB, QNB, and AAIB, while the international financiers include EBRD, IFC, and JICA. The Authority is looking to establish [&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":[7278],"tags":[72,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-633053","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-enterpriseam","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"34a41c21-71a5-45f5-ac31-33c758ad3a67","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Damietta Port in talks for USD 305 mn to finance second container terminal","related_issue":[633026],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.5d05ba2a-8708-4597-ad8b-24b4f85bd078.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>Damietta Port in talks for USD 305 mn to finance second container terminal - 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\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damietta Port in talks for USD 305 mn to finance second container terminal\" \/>\n<meta property=\"og:description\" content=\"The Damietta Port Authority is in talks with local banks and international financiers for a USD 305 mn loan needed for the establishment of its second container terminal, sources tell Al Mal. The banks include NBE, CIB, QNB, and AAIB, while the international financiers include EBRD, IFC, and JICA. The Authority is looking to establish [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-26T04:02:24+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\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Damietta Port in talks for USD 305 mn to finance second container terminal\",\"datePublished\":\"2018-02-26T04:02:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"infrastructure\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/\",\"name\":\"Damietta Port in talks for USD 305 mn to finance second container terminal - 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Saleh doesn\u2019t provide any clarity on the timeline for the agreement. We had reported in February that\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570361,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/transport-ministry-receives-three-bids-for-damietta-ports-second-container-terminal\/","url_meta":{"origin":633053,"position":1},"title":"Transport Ministry receives three bids for Damietta port\u2019s second container terminal","author":"enterpriseam admin","date":"29 March 2020","format":false,"excerpt":"The Transport Ministry has received bids from three international consortiums to build the second container terminal at Damietta Port in a project worth USD 300 mn, Al Shorouk reports, citing sources close to the ministry which didn\u2019t name the companies. The European Bank for Reconstruction and Development agreed in principle\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642855,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/","url_meta":{"origin":633053,"position":2},"title":"Damietta Port Authority receives four international offers for new container terminal","author":"enterpriseam admin","date":"23 August 2017","format":false,"excerpt":"The Damietta Port Authority received four international offers for the development of a second container terminal at the Damietta Port, authority head Ayman Salah told Al Borsa on Tuesday. The bids came from France\u2019s CMA CGM, Germany\u2019s Hapag-Lloyd, United Arab Shipping Company, and China Harbor. The project was originally awarded\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":612492,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/24\/damietta-port-lines-up-usd-455-mn-for-second-cargo-terminal\/","url_meta":{"origin":633053,"position":3},"title":"Damietta Port lines up USD 455 mn for second cargo terminal","author":"enterpriseam admin","date":"24 December 2023","format":false,"excerpt":"The terminal will have a final capacity of 3.5 mn TEUs and begin operation by 2024.","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1512.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599860,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/ebrd-preliminarily-agrees-to-lend-eur-400-mn-to-egypts-damietta-port-authority\/","url_meta":{"origin":633053,"position":4},"title":"EBRD preliminarily agrees to lend EUR 400 mn to Egypt\u2019s Damietta Port Authority","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) has agreed in principle to lend EUR 400 mn to the Damietta Port Authority to finance the construction of a second container terminal at the port, banking sources told Al Shorouk. The authority was set last year to sign a EUR 305\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":606780,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/21\/ifc-could-lend-usd-125-mn-for-damietta-port-cargo-terminal\/","url_meta":{"origin":633053,"position":5},"title":"IFC could lend USD 125 mn for Damietta Port cargo terminal","author":"enterpriseam admin","date":"21 September 2023","format":false,"excerpt":"This is part of a broader USD 455 mn financing package involving the EBRD, the AIIB and other multilateral lenders","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\/2023\/9\/1360.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633053","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=633053"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/633053\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/633026"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=633053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=633053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=633053"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=633053"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=633053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}