The Chinese company CSCEC has finalized the design of the financial district in the new administrative capital project, which includes 12 ministries, as well as some government departments and bodies Khaled Abbass, Assistant to the Minister of Housing,  told Invest Gate.

Implementation of the design is expected to begin by the end of May 2016. Abbass added that CSCEC will start implementing the  project as soon as they receive the necessary funding, which will be provided by two Chinese banks: the Industrial Bank and the Chinese Commercial bank. The value of the loan will be determined before the end of fiscal year 2015/2016.