The Administrative Capital for Urban Development (ACUD) has welcomed a distinguished delegation from the Egyptian-British Chamber of Commerce comprising 30 representatives from leading British infrastructure companies, accompanied by 10 escorts, Invest-Gate reports.

This visit is part of a series of organized tours and visits aimed at promoting and increasing investments in this significant national project.

Eng. Khaled Abbas, Chairman and Managing Director of ACUD, received the delegation and commended the deep historical and economic relations between Egypt and the United Kingdom. He emphasized the company’s commitment to enhancing cooperation with British firms, particularly in the infrastructure sector, which plays a crucial role in achieving sustainable development.

During the visit, Abbas delivered a comprehensive presentation on the New Administrative Capital (NAC), covering its strategic vision, future plans, ongoing major projects, and investment opportunities across various sectors. He highlighted the Egyptian government’s dedication to developing the NAC and transforming it into a global economic and commercial hub comparable to prestigious cities worldwide.

The delegation had the opportunity to explore the NAC through an extensive on-site tour, gaining insights into the progress of significant infrastructure projects and witnessing the utilization of cutting-edge technologies in their implementation.

The delegation members expressed immense admiration for the remarkable progress they witnessed firsthand. They conveyed their companies’ eagerness to participate in these substantial projects and capitalize on the promising investment opportunities offered by the NAC.

The visit concluded with bilateral meetings between representatives of British companies and their Egyptian counterparts. These meetings focused on exploring opportunities for collaborative partnerships and discussing potential investments in various fields. Both sides emphasized the importance of strengthening the partnership between Egyptian and British companies to contribute to sustainable economic development in both countries.