Last Update 18:15
Wednesday, 23 October 2019

4 firms to start on 1st phase of Egyptian new admin capital Saturday: Housing minister

The construction of a new Egyptian capital east of Cairo is set to begin in April with the first phase expected to be complete within two years

Ahram Online , Thursday 31 Mar 2016
New Capital
A model of a planned new capital for Egypt is on display at an economic conference in Sharm El-Sheikh, Egypt, March 13, 2015 (Photo: Fouad Mansour)
Views: 13564
Views: 13564

Four construction companies have been mandated to execute the infrastructure of Egypt's new administrative capital project east of Cairo starting Saturday, Egypt's Housing Minister Mostafa Madbouly said in statements reported by state news agency MENA.

The construction of the first phase is set to start in April, with the cabinet approving earlier the connecting of facilities to the first phase of the new capital with a cost of EGP 4 billion.

Earlier in March, Egypt's President Abdel-Fattah El-Sisi affirmed in a meeting with Madbouly and the army's engineering authority Kamel Al-Wazir the necessity of finishing the first phase of the capital within two years, with the highest international execution standards.

In the meeting, Madbouly pointed out that a state-owned company would be the main developer of the project, taking over the general planning and introduction of facilities as well as the execution of the residential area.

He added that bids on private companies to execute the first phase of the project will start in the upcoming months.

The megaproject's first phase will include 12 ministries and a number of other governmental institutions, a residential area that would have more than 25,000 housing units, and the world's biggest park.

Al-Wazeer also said that the army's engineering authority has already started in the execution of 210 kilometres of roads with a width of 120 meters in the new capital site, as well as adding that the authority has started the implementation of bridges and the ring road that would connect the new capital with New Cairo.

The new capital, which is part of President Abdel-Fattah El-Sisi’s plan to boost the economy through a series of mega-projects, is estimated to cost $45 billion.

Several foreign visits have been made by El-Sisi in the last months to discuss investment opportunities for a number of developmental projects.

In January, Egypt and China signed financial deals including loans, grants and memorandums of understanding worth around $15 billion of which a part is expected to be invested in the infrastructure of the planned new administrative capital.

Chinese companies will only provide Egyptian contractors with long maturity loans to finance the construction of 14 new governmental buildings, major conference centres and a fairs area, Madbouly said at Cairo-based conference in March.


Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

01-04-2016 03:13am
How many jobs?
Great soundbites: 'world's largest park, why?' .. '120 meter-wide roads' .. '12 ministries' .. 14 government complexes' .. '$45 billion' ... here are the most important missing data: how many jobs, economic impact, how many schools, how many hospitals ... who cares about all of that; it's a Sisi's mega-project with phase 1 done in 2 years ready for re-election (God forbids)!
Comment's Title

© 2010 Ahram Online.