{"id":637178,"date":"2017-11-09T04:04:27","date_gmt":"2017-11-09T04:04:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/"},"modified":"2017-11-09T04:04:27","modified_gmt":"2017-11-09T04:04:27","slug":"new-administrative-capital-to-add-pressure-on-resources-werr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/","title":{"rendered":"New administrative capital to add pressure on resources -Werr"},"content":{"rendered":"<p><strong>No one story is leading the conversation on Egypt this morning <\/strong>in the international press, but that doesn\u2019t mean it was a quiet night at all:<\/p>\n<p><strong>Development plans for the new administrative capital will \u201cput Egypt\u2019s resources to the <\/strong><strong>test,\u201d<\/strong> <a href=\"https:\/\/www.thenational.ae\/business\/economy\/aspiring-plans-for-new-capital-city-put-egypt-s-resources-to-the-test-1.674116\">Patrick Werr writes for The National<\/a>. Werr says finding the water resources to supply the new city is \u201ca mystery.\u201d Financing the expansion is also not yet entirely clear, either. Werr says The New Administrative Capital for Urban Development, the company developing the new administrative capital, will \u201cpay for much of the construction, including that of the new ministries. In exchange it will take possession of the property of ministries' buildings in Cairo and then either sell or rent them. In the case of housing, private and public contracting companies buy land held by the New Administrative Capital Company then in return sell them to future residents.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>No one story is leading the conversation on Egypt this morning in the international press, but that doesn\u2019t mean it was a quiet night at all: Development plans for the new administrative capital will \u201cput Egypt\u2019s resources to the test,\u201d Patrick Werr writes for The National. Werr says finding the water resources to supply 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":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637178","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"18b1c20e-4fed-402d-b510-7f4cfaab76b2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637159],"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>New administrative capital to add pressure on resources -Werr - 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\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New administrative capital to add pressure on resources -Werr\" \/>\n<meta property=\"og:description\" content=\"No one story is leading the conversation on Egypt this morning in the international press, but that doesn\u2019t mean it was a quiet night at all: Development plans for the new administrative capital will \u201cput Egypt\u2019s resources to the test,\u201d Patrick Werr writes for The National. Werr says finding the water resources to supply the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-09T04:04:27+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New administrative capital to add pressure on resources -Werr\",\"datePublished\":\"2017-11-09T04:04:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/\"},\"wordCount\":158,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt in the News\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/\",\"name\":\"New administrative capital to add pressure on resources -Werr - 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We have not seen a positive impact from the reform measures undertaken yet because the economy is in transition and companies are re-adjusting. Werr\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652943,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/23\/emra-needs-new-mining-bid-rules-werr-writes\/","url_meta":{"origin":637178,"position":1},"title":"EMRA needs new mining bid rules, Werr writes","author":"enterpriseam admin","date":"23 January 2017","format":false,"excerpt":"The Egyptian Mineral Resources Authority (EMRA) is not doing Egypt any favors with the terms and conditions it laid down for its latest bid round, Patrick Werr writes for The National. He echoes a similar sentiment to Aton Resources\u2019 CEO Mark Campbell, who wrote for us last week urging EMRA\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":648843,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/rencap-says-egypt-is-a-haven-trade-werr-says-state-of-emergency-could-slow-recovery-down\/","url_meta":{"origin":637178,"position":2},"title":"Rencap says Egypt is a haven trade, Werr says state of emergency could slow recovery down","author":"enterpriseam admin","date":"13 April 2017","format":false,"excerpt":"Renaissance Capital says investing in Egypt is an emerging market safe-haven trade, Global Chief Economist Charles Robertson told Bloomberg TV. Egypt is one of the places that provide \u201cidiosyncratic opportunities,\u201d he says, despite the terrorist attacks. \u201cIt\u2019s high yield and it\u2019s got a cheap currency,\u201d Robertson adds. Looking at EMs\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":633985,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/egypt-moving-closer-towards-becoming-regional-energy-hub-werr\/","url_meta":{"origin":637178,"position":3},"title":"Egypt moving closer towards becoming regional energy hub -Werr","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"Egypt is moving closer to becoming a regional gas hub, Patrick Werr writes for Reuters. It is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez that is being built by SUMED. Werr says the \u201cwharf will have three berths to\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649064,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/expanding-metro-lines-light-rail-should-be-national-priority-werr\/","url_meta":{"origin":637178,"position":4},"title":"Expanding metro lines, light rail should be national priority -Werr","author":"enterpriseam admin","date":"20 April 2017","format":false,"excerpt":"Expanding metro lines and light rail is a mega-project that should command priority above all, Patrick Werr writes in The National. \u201cThe lack of local public transport should be put at the level of a national emergency: he inability to move efficiently around cities is stifling economic growth, generating the\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646227,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/08\/egp-is-still-overvalued-no-longer-in-free-float-werr\/","url_meta":{"origin":637178,"position":5},"title":"EGP is still overvalued, no longer in free float -Werr","author":"enterpriseam admin","date":"8 June 2017","format":false,"excerpt":"The EGP is \u201covervalued\u201d and \u201cno longer floats freely,\u201d Patrick Werr claims in The National. 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