Minister of Housing, Utilities, and Urban Communities Moustafa Madbouly announced the start of construction on a residential project in Cairo’s new administrative capital. The Arab Contractors, Talaat Moustafa, Petrojet, the Holding Company for Construction and Building, and the Concord, began the excavation and site planning works on the residential complex.
Madbouly held a meeting with company officials responsible for the implementation of building facilities and the residential complex. “This project is very important, and the work must be done. I want an around-the-clock work,” Madbouly stressed.
“We want the work to be completed within the time frame, so we need to double the manpower and equipment. All the companies will work on this project and that will provide thousands of jobs opportunities,” the minister added. Madbouly also insisted that officials of the New Urban Communities Authority set up a program for the equipment and labor to be followed every day.
The minister took a tour at some of the sites and asserted that the construction companies who prove their efforts in this period will have a share of other upcoming projects.
The ministry is set to provide more than 500,000 housing units, which is the largest in its history. Madbouly added that the ministry will provide more than 21,000 pieces of land by lot to different segments, which is the biggest move of its kind so far.