{"id":642533,"date":"2017-08-16T04:03:13","date_gmt":"2017-08-16T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/government-inks-agreement-with-chinas-avic-for-electrical-rail-line\/"},"modified":"2017-08-16T04:03:13","modified_gmt":"2017-08-16T04:03:13","slug":"government-inks-agreement-with-chinas-avic-for-electrical-rail-line","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/government-inks-agreement-with-chinas-avic-for-electrical-rail-line\/","title":{"rendered":"Government inks agreement with China\u2019s AVIC for electrical rail line"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>China\u2019s AVIC lands Salam City-New Capital electric rail contract: <\/strong>The National Authority for Tunnels (NAT) signed an agreement yesterday giving China\u2019s AVIC a significant chunk of a new electric rail line linking Salam City with Tenth of Ramadan and the new administrative capital, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/ETA.aspx\">according to a cabinet statement<\/a>. AVIC will deliver the rail line\u2019s communication and signaling system has been tapped to manufacture and supply 20 locomotives. A <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/27\/electric-train-to-new-administrative-capital-to-cost-usd-1-4-bn\/\">consortium of Egyptian construction firms<\/a>, including Petrojet, Arab Contractors, and Orascom Construction, have reportedly landed the USD 500 mn infrastructure works contract for the project. Work on the line is set to start in two or three months\u2019 time, with the China Export-Import Bank providing as much as USD 739 mn in financing for AVIC\u2019s piece of the project. The total budget for the rail line, which should take two years to build, is USD 1.25 bn, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=15082017&id=dc06ce7d-8baf-492d-aa4a-816ddce97078\">NAT head Tarek Gamal El Din said<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s AVIC lands Salam City-New Capital electric rail contract: The National Authority for Tunnels (NAT) signed an agreement yesterday giving China\u2019s AVIC a significant chunk of a new electric rail line linking Salam City with Tenth of Ramadan and the new administrative capital, according to a cabinet statement. AVIC will deliver the rail line\u2019s communication [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642533","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"884e441c-65f4-4562-9b48-bb73e5f9bbbe","order":"0","is_powered_by":true,"section_story_id":"a402ac62-0799-4db6-95c4-5e6a166a893f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642521],"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>Government inks agreement with China\u2019s AVIC for electrical rail line - 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\/08\/16\/government-inks-agreement-with-chinas-avic-for-electrical-rail-line\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government inks agreement with China\u2019s AVIC for electrical rail line\" \/>\n<meta property=\"og:description\" content=\"China\u2019s AVIC lands Salam City-New Capital electric rail contract: The National Authority for Tunnels (NAT) signed an agreement yesterday giving China\u2019s AVIC a significant chunk of a new electric rail line linking Salam City with Tenth of Ramadan and the new administrative capital, according to a cabinet statement. 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Ministers previously gave\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/92.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559657,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/31\/ratp-dev-to-manage-the-salam-city-tenth-of-ramadan-electric-rail\/","url_meta":{"origin":642533,"position":2},"title":"RATP Dev to manage the Salam City-Tenth of Ramadan electric rail","author":"enterpriseam admin","date":"31 January 2021","format":false,"excerpt":"It\u2019s official: French transportation outfit RATP Dev will operate the Salam City-Tenth of Ramadan electric train, after ministers gave the all-clear to the contract at the weekly cabinet meeting on Wednesday. Ministers authorized the National Authority for Tunnels to sign the contract, which will see RATP Dev \u2014 short for\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/369.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631551,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/nat-to-ink-usd-1-2-bn-loan-agreement-for-10-ramadan-salam-train-next-month\/","url_meta":{"origin":642533,"position":3},"title":"NAT to ink USD 1.2 bn loan agreement for 10 Ramadan-Salam train next month","author":"enterpriseam admin","date":"21 March 2018","format":false,"excerpt":"The National Authority for Tunnels (NAT) will sign next month a USD 1.2 bn loan agreement with the Export-Import Bank of China to build an electric rail line linking Salam City with Tenth of Ramadan City and the new administrative capital, the authority\u2019s planning chief Tarek Abul Wafa tells Al\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":555377,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/egypt-inks-new-transport-agreements-with-local-foreign-companies\/","url_meta":{"origin":642533,"position":4},"title":"Egypt inks new transport agreements with local, foreign companies","author":"enterpriseam admin","date":"11 November 2021","format":false,"excerpt":"Guess what isn\u2019t in short supply right now: Transport agreements, yet more of which were signed yesterday on the final day of the TransMea conference, the Transport Ministry said. 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