{"id":634001,"date":"2018-01-02T04:29:22","date_gmt":"2018-01-02T04:29:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/transport-ministry-in-talks-with-world-bank-ebrd-for-usd-160-mn-loan\/"},"modified":"2018-01-02T04:29:22","modified_gmt":"2018-01-02T04:29:22","slug":"transport-ministry-in-talks-with-world-bank-ebrd-for-usd-160-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/transport-ministry-in-talks-with-world-bank-ebrd-for-usd-160-mn-loan\/","title":{"rendered":"Transport Ministry in talks with World Bank, EBRD for USD 160 mn loan"},"content":{"rendered":"<p>The Transport Ministry is in talks with the World Bank and the European Bank for Reconstruction and Development for a USD 150-160 mn facilitated loan to finance the Mansoura-Damietta freight line, Minister Hisham Arafat told the press on Sunday, <a href=\"http:\/\/www.almalnews.com\/Story\/359002\/58\/%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D8%A7%D9%84%D8%A8%D9%86%D9%83%D9%8A%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%88%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D9%84%D8%AA%D9%88%D9%81%D9%8A%D8%B1-160-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">Al Mal reports<\/a>. The negotiations will likely wrap up within five months\u2019 time, Arafat said. The 150 km line is expected to take around three years to construct, according to an unnamed source from the Egyptian National Railway.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Transport Ministry is in talks with the World Bank and the European Bank for Reconstruction and Development for a USD 150-160 mn facilitated loan to finance the Mansoura-Damietta freight line, Minister Hisham Arafat told the press on Sunday, Al Mal reports. The negotiations will likely wrap up within five months\u2019 time, Arafat said. The [&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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634001","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3805818f-c140-4b74-97a6-20b3e41104e8","order":"0","is_powered_by":true,"section_story_id":"d7a514ef-7143-4e66-93f3-aff6027dfec2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[633965],"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>Transport Ministry in talks with World Bank, EBRD for USD 160 mn loan - 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\/01\/02\/transport-ministry-in-talks-with-world-bank-ebrd-for-usd-160-mn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transport Ministry in talks with World Bank, EBRD for USD 160 mn loan\" \/>\n<meta property=\"og:description\" content=\"The Transport Ministry is in talks with the World Bank and the European Bank for Reconstruction and Development for a USD 150-160 mn facilitated loan to finance the Mansoura-Damietta freight line, Minister Hisham Arafat told the press on Sunday, Al Mal reports. The negotiations will likely wrap up within five months\u2019 time, Arafat said. 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No further details were provided, but Arafat said that\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":599658,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/06\/egypt-seeking-ebrd-loan-for-6-october-el-manashy-railway\/","url_meta":{"origin":634001,"position":1},"title":"Egypt seeking EBRD loan for 6 October-El Manashy railway","author":"enterpriseam admin","date":"6 January 2019","format":false,"excerpt":"The Transport Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) for a EUR 100 mn fund facility to build a new railway line linking 6 October dry port to El Manashy village in Giza, Minister Hisham Arafat said, according to Al Mal. The 6 October\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":637597,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/military-productions-ministry-want-in-on-supplying-railways-with-1300-cars\/","url_meta":{"origin":634001,"position":2},"title":"Military Productions Ministry want in on supplying railways with 1,300 cars","author":"enterpriseam admin","date":"20 November 2017","format":false,"excerpt":"The Military Productions Ministry wants to get in on the international tender to supply 1,300 railway cars, Minister Mohamed Al Assar said, according to Al Borsa. 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 &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":642090,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/transport-ministry-looking-to-fund-local-components-for-electrical-train-ahead-of-inking-usd-725-loan-agreement-with-china\/","url_meta":{"origin":634001,"position":3},"title":"Transport Ministry looking to fund local components for electrical train ahead of inking USD 725 loan agreement with China","author":"enterpriseam admin","date":"6 August 2017","format":false,"excerpt":"The Transport Ministry is on the lookout for someone to fund the USD 500 mn venture to manufacture local components for its electric rail line project which will link Salam City with Tenth of Ramadan and the new administrative capital, Minister Hisham Arafat said on Saturday, Al Borsa reports. 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According to the source, studies on the lines concluded that adding a second track would be\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":649247,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/transportation-ministry-targeting-completing-railway-renovations-within-30-months\/","url_meta":{"origin":634001,"position":5},"title":"Transportation Ministry targeting completing railway renovations within 30 months","author":"enterpriseam admin","date":"26 April 2017","format":false,"excerpt":"The Transportation Ministry is looking to complete renovating 1,200 km of railway in the next 30 months, Transportation Minister Hisham Arafat said, Al Mal reports. 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