{"id":634380,"date":"2018-01-14T04:01:51","date_gmt":"2018-01-14T04:01:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/14\/transport-ministry-studying-offers-from-global-firms-for-maintenance-of-100-locomotives\/"},"modified":"2018-01-14T04:01:51","modified_gmt":"2018-01-14T04:01:51","slug":"transport-ministry-studying-offers-from-global-firms-for-maintenance-of-100-locomotives","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/14\/transport-ministry-studying-offers-from-global-firms-for-maintenance-of-100-locomotives\/","title":{"rendered":"Transport Ministry studying offers from global firms for maintenance of 100 locomotives"},"content":{"rendered":"

The Transport Ministry is reportedly studying offers from global firms, including Canada\u2019s Bombardier and the US\u2019 EMD, on a maintenance contract for 100 locomotives, according to unnamed ministry officials. Feasibility studies set the project\u2019s estimated value at USD 125 mn and the offers include financing options in the form of facilitated loan agreements, the sources tell Al Mal<\/a>, explaining that the ministry might delay its response for about three months in order to draft a repayment plan. The Transport Ministry has inked<\/a> a USD 575 mn supply and maintenance agreement with General Electric and a EUR 290 mn agreement with the European Bank for Reconstruction and Development to purchase new locomotives needed for planned railway upgrades.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Transport Ministry is reportedly studying offers from global firms, including Canada\u2019s Bombardier and the US\u2019 EMD, on a maintenance contract for 100 locomotives, according to unnamed ministry officials. Feasibility studies set the project\u2019s estimated value at USD 125 mn and the offers include financing options in the form of facilitated loan agreements, the sources […]<\/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-634380","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fa286c1b-fd2b-446a-b5be-61b10468f7af","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Transport Ministry studying offers from global firms for maintenance of 100 locomotives","related_issue":[634343],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.84dec54c-a02e-4556-8ada-d293d4647ea3.mp3"},"yoast_head":"\nTransport Ministry studying offers from global firms for maintenance of 100 locomotives - 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\/14\/transport-ministry-studying-offers-from-global-firms-for-maintenance-of-100-locomotives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transport Ministry studying offers from global firms for maintenance of 100 locomotives\" \/>\n<meta property=\"og:description\" content=\"The Transport Ministry is reportedly studying offers from global firms, including Canada\u2019s Bombardier and the US\u2019 EMD, on a maintenance contract for 100 locomotives, according to unnamed ministry officials. 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The minister said that President Abdel Fattah El Sisi reached an agreement with the company\u2026","rel":"","context":"In "Automotive + Transportation"","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":625377,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/02\/transport-ministry-to-select-winning-offer-to-supply-1300-locomotives-next-week\/","url_meta":{"origin":634380,"position":2},"title":"Transport Ministry to select winning offer to supply 1,300 locomotives next week","author":"enterpriseam admin","date":"2 August 2018","format":false,"excerpt":"The Transport Ministry will announce next week the results of the tender to supply the Egyptian National Railways with 1,300 railway cars for around EGP 19-20 bn, Minister Hisham Arafat tells Al Mal. The top offers were presented by China's CRRC Corporation Limited and a Russian-Hungarian consortium. The Ministry has\u2026","rel":"","context":"In "Automotive + Transportation"","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":594941,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/egypt-to-sign-by-month-end-usd-430-mn-agreement-with-prl-for-50-locomotives\/","url_meta":{"origin":634380,"position":3},"title":"Egypt to sign by month-end USD 430 mn agreement with PRL for 50 locomotives","author":"enterpriseam admin","date":"11 September 2019","format":false,"excerpt":"The Transport Ministry will sign by the end of the month a USD 430 mn agreement with Progress Rail Locomotive to purchase 50 new locomotives and repair 50 old ones, Minister Kamel El Wazir said. 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