Egypt's Prime Minister Sherif Ismail said on Wednesday that the government is currently working on relocating ministries headquarters from Cairo to the new administrative capital, which is set to be completed in 2020.
In a statement issued after a cabinet meeting, the prime minister said that the government is modernizing the state’s administrative apparatuses.
Ismail said that the cabinet has received the executive bylaws of the new investment law from the Ministry of Investment on Wednesday and expects to issue them next week.
Last week, President Abdel-Fattah El-Sisi attended a ceremony marking the official launch of the country's new administrative capital, which will be home to government ministries, residential units and an international airport.
Located some 40km to the east of Cairo, the under-construction city is part of the government’s plan to expand urban areas to deal with the country's rapid population growth and improve the nation's infrastructure.
The government has started building 25,000 residential units in the city so far.