{"id":648138,"date":"2017-05-29T03:47:35","date_gmt":"2017-05-29T03:47:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/cairo-metro-line-1-requires-eur-990-mn-to-complete-development\/"},"modified":"2017-05-29T03:47:35","modified_gmt":"2017-05-29T03:47:35","slug":"cairo-metro-line-1-requires-eur-990-mn-to-complete-development","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/cairo-metro-line-1-requires-eur-990-mn-to-complete-development\/","title":{"rendered":"Cairo Metro Line 1 requires EUR 990 mn to complete development"},"content":{"rendered":"

Cairo Metro\u2019s Line 1 needs EUR 990 mn in order to complete development plans, Transport Minister Hisham Arafat said, Al Shorouk<\/a> reports. The sum includes EUR 360 mn for infrastructure costs and the rest for train cars. Arafat says the Ministry is currently assessing funding proposals from the European Investment Bank, the European Bank for Reconstruction and Development, and the French Development Agency. He added that the Ministry is also buying six air conditioned trains that will cost a total of EUR 100 mn for Line 2.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cairo Metro\u2019s Line 1 needs EUR 990 mn in order to complete development plans, Transport Minister Hisham Arafat said, Al Shorouk reports. The sum includes EUR 360 mn for infrastructure costs and the rest for train cars. Arafat says the Ministry is currently assessing funding proposals from the European Investment Bank, the European Bank for […]<\/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-648138","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c101099b-715a-4a85-b3d0-cdd7c7c26b70","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648108],"teaser":"","voice_url":""},"yoast_head":"\nCairo Metro Line 1 requires EUR 990 mn to complete development - 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\/05\/29\/cairo-metro-line-1-requires-eur-990-mn-to-complete-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cairo Metro Line 1 requires EUR 990 mn to complete development\" \/>\n<meta property=\"og:description\" content=\"Cairo Metro\u2019s Line 1 needs EUR 990 mn in order to complete development plans, Transport Minister Hisham Arafat said, Al Shorouk reports. The sum includes EUR 360 mn for infrastructure costs and the rest for train cars. 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Line 1 is in need of a nearly EUR 1 bn\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":641227,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/eib-willing-to-provide-eur-255-mn-to-help-fund-upgrades-to-cairo-metro-lines-1-and-2\/","url_meta":{"origin":648138,"position":1},"title":"EIB willing to provide EUR 255 mn to help fund upgrades to Cairo Metro Lines 1 and 2","author":"enterpriseam admin","date":"17 September 2017","format":false,"excerpt":"The European Investment Bank is willing to kick in EUR 255 mn in funding for the Transport Ministry\u2019s planned upgrades to the Cairo Metro\u2019s first and second lines, a delegation of EIB representatives told Minister Hisham Arafat during a meeting in Cairo on Thursday, Al Borsa reports. 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The loan comes as part of a EUR 600 mn agreement from\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":601881,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/","url_meta":{"origin":648138,"position":3},"title":"House agrees EUR 350 mn loan from EIB to develop Metro Line 1","author":"enterpriseam admin","date":"12 March 2019","format":false,"excerpt":"The House of Representatives has agreed a EUR 350 mn loan from the European Investment Bank (EIB) to finance the development of Cairo Metro Line 1, Al Mal reported. 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