Construction of the new administrative capital has officially begun. According to a statement by Moustafa Madbouly, Minister of Housing, four construction companies have been assigned with execution of the project’s first phase infrastructure, reported Akhbar Alakarat.
The first phase, which began on April 3, 2016, will be carried out by Arab Contractors, Holding Company for Construction and Development, Orascom Construction, and Hassan Allam Construction, according to Amwal Al Ghad.
The first phase of the mega project is set to include 12 ministries, governmental institutions, residential areas of over 25,000 units, and the world’s biggest park.
Previously, the cabinet approved connecting facilities in the first phase of the new capital project at a total cost of EGP 4 billion. Head of the Army’s Engineering Authority, Kamel Al Wazir, stated that the army has already started on the execution of roads extending 210 kilometers with a width of 120 meters, in addition to bridges and connection to the Ring Road, reported Ahram Online.
President Abdel Fattah Al Sisi unveiled the mega project a full year prior to the commencement of construction in an effort to boost the country’s economy and funnel in further investments.