{"id":641501,"date":"2017-09-25T04:16:21","date_gmt":"2017-09-25T04:16:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/"},"modified":"2017-09-25T04:16:21","modified_gmt":"2017-09-25T04:16:21","slug":"carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/","title":{"rendered":"Carillion considering withdrawing from Education Ministry\u2019s PPP schools project"},"content":{"rendered":"

<\/a> Carillion is reportedly considering withdrawing from an Education Ministry tender to <\/strong>build 200 schools under a PPP framework <\/strong>because of \u201cincreased risk\u201d in the project, sources from within the company tell Al Borsa<\/a>. The sources also claim the Education Ministry has plans to establish its own schools with lower tuition fees next to those that will be built by the private sector, which would negatively affect the private-sector institutions. Carillion had been shortlisted<\/a> for the project back in May, alongside Orascom Construction, Al Madaen Holding, BPE Partners, and a consortium led by the UK\u2019s Bridge Capital. BPE Partners also decided to back out of the project<\/a> last month after feasibility studies showed that the project would not be in line with the company\u2019s strategy.<\/p>\n

To be fair to the Education Ministry: There may be more at play in the Carillion news. <\/strong>The Financial Times reported yesterday that the company is in a \u201cfight for its survival\u201d and may sell overseas arms.<\/a> The company is \u201cin talks with a host of Middle Eastern construction companies to sell a chunk of its overseas business as it embarks on a radical cost-cutting and disposal plan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Carillion is reportedly considering withdrawing from an Education Ministry tender to build 200 schools under a PPP framework because of \u201cincreased risk\u201d in the project, sources from within the company tell Al Borsa. The sources also claim the Education Ministry has plans to establish its own schools with lower tuition fees next to those that […]<\/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-641501","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c5f4740d-c680-4044-ac22-eab3949a0a15","order":"0","is_powered_by":true,"section_story_id":"0e3b89f5-2b19-469b-8ba5-5c4b91178480","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641488],"teaser":"","voice_url":""},"yoast_head":"\nCarillion considering withdrawing from Education Ministry\u2019s PPP schools project - 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\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carillion considering withdrawing from Education Ministry\u2019s PPP schools project\" \/>\n<meta property=\"og:description\" content=\"Carillion is reportedly considering withdrawing from an Education Ministry tender to build 200 schools under a PPP framework because of \u201cincreased risk\u201d in the project, sources from within the company tell Al Borsa. The sources also claim the Education Ministry has plans to establish its own schools with lower tuition fees next to those that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-25T04:16:21+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\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Carillion considering withdrawing from Education Ministry\u2019s PPP schools project\",\"datePublished\":\"2017-09-25T04:16:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/\"},\"wordCount\":203,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/carillion-considering-withdrawing-from-education-ministrys-ppp-schools-project\/\",\"name\":\"Carillion considering withdrawing from Education Ministry\u2019s PPP schools project - 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Feasibility studies conducted after BPE was shortlisted revealed that the EGP 3 bn project is not in sync with the company\u2019s\u2026","rel":"","context":"In "Speed Round"","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":647920,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/orascom-construction-bpe-partners-among-those-said-to-have-qualified-for-200-schools-ppp-project\/","url_meta":{"origin":641501,"position":1},"title":"Orascom Construction, BPE Partners among those said to have qualified for 200 schools PPP project","author":"enterpriseam admin","date":"23 May 2017","format":false,"excerpt":"Al Borsa released the names of the companies it says have qualified for the 200 schools PPP construction project. 43 companies have been qualified for the project that has an estimated value of EGP 3 bn. Among the qualified companies, it says, are BPE Partners, Al Madaen Holding, Carillion, a\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632919,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/government-to-announce-winners-of-ppp-schools-tender-next-week\/","url_meta":{"origin":641501,"position":2},"title":"Government to announce winners of PPP schools tender next week","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"Government to announce winners of PPP schools tender next week: The Ismail government plans to announce next week the winners of its tender for the development and management of 200 schools under public-private partnership contracts, sources close to the matter tell Al Borsa. The committee tasked with reviewing the bids\u2026","rel":"","context":"In "Speed Round"","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":638257,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/10-companies-qualify-for-final-stages-of-ppp-schools-project\/","url_meta":{"origin":641501,"position":3},"title":"10 companies qualify for final stages of PPP schools project","author":"enterpriseam admin","date":"1 October 2017","format":false,"excerpt":"Ten companies have presented financial and technical offers for the Education Ministry\u2019s PPP schools project, unnamed government sources tell Al Borsa. These include Cairo Development and Investment, Middle East Education Services Group, a consortium of Egypt\u2019s Gezira Academy and Saudi Arabia\u2019s Madinat Al Oloum, Baraem Modern School, and Kuwait\u2019s Excellence\u2026","rel":"","context":"In "Speed Round"","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":634199,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/next-round-in-ppp-school-tenders-to-be-launched-this-month\/","url_meta":{"origin":641501,"position":4},"title":"Next round in PPP school tenders to be launched this month","author":"enterpriseam admin","date":"9 January 2018","format":false,"excerpt":"Next round of PPP school tenders to be launched this month with only four remaining bidders: The government plans to announce the next stage of the tender to develop and run 200 public-private partnership schools this month, sources tell Al Borsa. 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Some of the companies that qualified for the project objected to the ministry potentially offering less than the 51 plots previously agreed upon, unnamed\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"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\/641501","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=641501"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641501\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641488"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641501"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641501"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}