Madbouly Envisions Financial and Business District as Premier Destination for International Companies

Madbouly Envisions Financial and Business District as Premier Destination for International Companies

Mostafa Madbouly, Egypt’s Prime Minister, held a press conference following his tour of several projects in the New Administrative Capital (NAC), Invest-Gate reports.

During the conference, Madbouly expressed his honor, on behalf of President Abdel Fattah El-Sisi, to inaugurate a special conference organized by the Islamic Educational, Scientific, and Cultural Organization (ISESCO). He highlighted the conference’s focus on Egyptian efforts, particularly in empowering Egyptian youth and the President’s vision regarding scholarships for Islamic countries and the Fund for Sponsoring Innovators and Talented Persons across the Islamic world.

After the conference, the Prime Minister inspected the progress of various projects in NAC. He noted that significant progress has been made in the implementation of the Central Business District project, with its features beginning to take shape. It is expected that all work in the district will be completed within a few months.

Madbouly emphasized that this project, along with other distinguished projects in NAC, is being established for future generations and will serve as a destination to attract international companies, thus providing job opportunities for Egyptian youth.

Additionally, Madbouly’s tour included an inspection of two residential neighborhoods in NAC. He reported that the R3 District has been fully completed, with services already initiated, including the opening of the civil status services headquarters and the post office. Many families have already moved into the neighborhood, and more families are expected to relocate in the coming period. Furthermore, a number of workers in NAC have reserved units in this residential neighborhood.

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