China Finances New Administrative Capital
A Chinese construction company, China Fortune Land Development, will invest $20 billion in Egypt’s New Administrative Capital.
Orascom Completes Al Masah Hotel in New Administrative Capital
Orascom Construction has finalized construction on Al Masah Hotel in the New Administrative Capital, in collaboration with the Armed Forces Engineering Authority.
Egypt Partners with France to Develop Sustainable Cities
The Egyptian Ministry of Housing, Utilities, and Urban Communities will partner with France’s Sustainable Cities Task-Force to build a joint technical office designated for sustainable cities.
Madbouly Discusses Possible Partnership with UK Trade Envoy
Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with British trade envoy Jeffrey Donaldson to discuss the possibility of partnership in a number of fields.
HCCD Subsidiaries Sign EGP 3 B Worth of Contracts
Subsidiaries of the Holding Company for Construction and Developments (HCCD) have signed contracts worth EGP 3 billion for projects to be completed in a year and a half, according to Mohamed Hegazy, CEO of HCCD.
New Administrative Capital to Offer Lands, Finalize Agreements with Developers
The company handling the New Administrative Capital project is set to decide on offering the first phase of investment land plots, with total areas ranging between 3,000 to 3,500 acres.
HCCD to Generate EGP 1B in 2016
Egypt’s state-owned Holding Company for Construction and Development (HCCD) is expecting to gain major profits worth of EGP 1 billion from several large national projects.
Chinese Company to Start Work on New Administrative Capital After Eid
Representatives from the Chinese construction company, CSCEC, will arrive this week to oversee the implementation of the New Administrative Capital government buildings.
