In a ceremony attended by Prime Minister Mostafa Madbouly, Egypt’s Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has participated in the handover celebration of the first phase of towers in the Central Business District (CBD) of the New Administrative Capital, Invest-Gate reports.

The event, hosted by the China State Construction Engineering Corporation (CSCEC), marked the completion of the initial phase of administrative towers C03, C04, and C11.

Moreover, El Gazzar detailed that the CBD encompasses 20 towers, including 10 administrative towers ranging from 80 to 175m, five residential towers housing 1,700 fully finished units, and a distinctive iconic tower at approximately 400m.

Furthermore, during the celebration, Li Yongming, Vice President of CSCEC, expressed the company’s commitment to making the CBD project a global masterpiece.

He emphasized the joint efforts of Egyptian and Chinese teams, highlighting the project’s significance as a symbol of friendly cooperation between the two nations.

Yongming assured ongoing support for Egypt’s development and fostered comprehensive strategic relations between Egypt and China.

Lastly, Ahmad ElBanna, Project Director from the consulting office Dar Al-Handasah, expressed pride in delivering this unique project, culminating efforts since its commencement in 2018.