Randa El Menshawy, the first assistant to the Prime Minister for follow-up affairs, said that the cabinet’s building is completed by 92% in the New Administrative Capital (NAC), with its exterior and interior finishes underway, Invest-Gate reports.
This came during a meeting headed by Prime Minister Mostafa Madbouly with a number of high-profile officials such as Planning Minister Hala El-Saeed, Transport Minister Kamel El Wazir, and Chairman of the Administrative Capital for Urban Development (ACUD) Ahmed Zaki Abdeen.
The new capital’s central business district (CBD) will comprise headquarters of the Central Bank of Egypt (CBE) and another 11 banks, El-Menshawy said in a ministerial statement on March 10.
Earlier this year, Madbouly has unveiled that NAC’s government district is almost 71-88% complete, in preparation to relocate public employees to the new capital over batches by next June.
Stretching over 150 acres, and being jointly developed by Orascom Construction and Arab Contractors, NAC’s government district consists of ten ministerial compounds to embrace a total of 34 ministries, together with the Cabinet and parliament buildings, with 90% of the latter edifice’s concrete works already finished as of February 2019, according to a previous statement.
