Egypt’s new administrative capital project timeline and what you need to know.

Egypt’s new administrative capital is located 45 km east of Cairo on the way to the port City of Suez. The project is supposed to offer thousands of jobs and stimulate the economy. When complete the new capital is expected to accommodate a population of 5 million people solving the chronic congestion issue in current capital Cairo. Below is Egypt’s new administrative capital project timeline and all you need to know about the project from beginning to the present date.

2015

A memorandum of understanding was signed in 2015 between UAE based Capital City Planners and the government of Egypt to undertake the US $58bn project that would give rise to a modern, new city in Egypt to replace the old. The announcement was received with excitement but skepticism still remained and would be validated in September the same year when the MOU was withdrawn by the government sitting lack of progress on the part of Capital City Planners.
A new MOU later the same year was then signed with China State Construction Engineering Corporation (CSCEC) with the main focus being centered on putting up buildings that would house government ministries and agencies as well as the president’s office. The Chinese were to build a new parliament complex, 12 ministerial buildings, a convention center and an exhibition area at what is believed would be a whooping US $45bn. This would undoubtedly form the nucleus from which the rest of the city would grow as demand for other amenities such as housing and shopping would stem.

2016

The Central Business District (CBD) contract was signed by CSCEC and the country’s Ministry of Housing, Utilities & Urban Communities. With a total area of 1,900,000 square meters, the project consists of 20 buildings, including 12 high-rise office buildings, five high-rise apartment buildings, two luxury hotels, and a 385.8m tall Iconic Tower, which will be the tallest in Africa. The whole project is scheduled to be delivered by 2022.

2017

The government of Egypt through the country’s Ministry of Antiquities signed a cooperation protocol with AL masa Group for the construction of a new grand museum near the pyramids.

2018

CSCEC officially started the CBD project in May

2019

President Abdel Fattah al-Sisi inaugurated Egypt and Middle East’s largest cathedral called “The Nativity of Christ” in the NAC and the grand mosque called “Al-Fattah Al-Aleem Mosque” the second largest in the world after the Great Mosque of Mecca in Saudi Arabia.

Construction of the Iconic Tower in the CBD begins.

2020

In January, according to Chang Weicai, general manager of CSCEC Egypt, they had finished constructing 16 floors, 100m height of the Iconic Tower. The construction speed rate at the tower had reached 5.5 or six days per floor. The tower is expected to be 385m high by the end of 2020
In March, CSCEC finished the capping of the first skyscraper in the 20 tower CBD; C03.
Soon after Covid -19 (coronavirus) hit Egypt in early April, President Abdel Fattah al-Sisi postponed construction to curb the spread of the deadly disease. However, officials sought to keep the mega-projects going to protect jobs. Construction has since resumed but on a smaller scale, utilizing the shift system.
In September, China State Construction Engineering Corporation (CSCEC) held an online open-day event on the Central Business District (CBD) project in Egypt’s new administrative capital. The event showcased the construction progress of a series of landmark buildings.
Waleed Ramadan, technical engineer of the project, said that CSCEC had immediately taken preventive measures since the outbreak of the COVID-19 pandemic in January. This has ensured the orderly operation of construction works, whilst effectively protecting the safety of its staff and contractors.
Civil Engineer Mohamed Nagar introduced the “building machine” used for the iconic tower. This self-developed technology can finish building one floor in five days when operating at its full capacity. The tower, with 80 floors in total, has been built to its 40th floor so far.
In the same month, Egyptian-Chinese Consortium Samcrete Engineers & Contractors won the bid for executing the Ain Sokhna to Alamein high-speed electric rail with the cost of US $9bn. The 534km rail will pass through the cities of the New Administrative Capital, Sixth of October, Burj al-Arab and Alexandria making it the first electric railway in Egypt since 1854. The consortium also includes the Chinese companies CCECC, CRRC, and CR20.
The final route for the high-speed electric train covering Ain Sokhna/Administrative Capital/al-Alamein will include 15 stations. The stations include: Ain Sokhna/the New Administrative Capital/Wagh Quibli/6th of October I/6th of October II/ Rawd al-Farag/Wadi al-Natroun/Burg al-Arab/Bahig/al-Hammam/al-Omayed/New Alamein City/Burg al-Arab Stadium/al-Amreya/Alexandria.
In late September, Egypt launched its first ministerial headquarters in the New Administrative Capital project, in preparation for the transfer of the most prominent government headquarters in Cairo to the new location in the coming months. The headquarters of the Ministry of Finance has been furnished and equipped as a model for the rest of the ministries.
Furthermore, Hill International was awarded a contract to provide project management, design review, and implementation supervision services for the New Administrative Capital’s Monorail project. Built by Egypt’s National Authority for Tunnels, the estimated US $4bn project represents the first monorail project in North Africa and, once complete, will be the longest monorail system in the world at a combined 98.5 km.
The project’s first line will extend 56.5 km from East Cairo to the New Administrative Capital. The second line will be 42 km long to connect 6th of October City to Giza. These are the first mass transit links to connect Greater Cairo with New Capital City and 6th of October City. With operating speeds up to 80 km/h, the journey time for the new Capital City will be around 60 minutes (for 56.5 km line) and around 42 minutes for 6th of October City (42km line). Once complete, the two lines will transport approximately 45,000 passengers per hour at peak capacity, greatly improving mobility for Egyptian citizens in a safe and sustainable manner.
The project will use the design-build-operate-and-maintain (DBOM) delivery method, and includes 34 stations, including both elevated and at-grade locations, and associated works including maintenance facilities, depots, and an Operations Control Centre. The monorail will also intersect with the Cairo Metro’s Line 3 as well as Cairo’s High Speed Rail network, further connecting the dynamic Cairo region.
In early October, Siemens-Hassan Allam consortium won the tender to construct an electricity control center in the New Administrative Capital (NAC) at US $56.1m. The scope of works includes the construction of the power control center, developing communication networks, and improving electrical transmission over a two-year period.
In late October, UAE-based leading sustainability pioneer Bee’ah was awarded a contract appointing the firm as the waste management and city cleaning partner for Egypt’s New Administrative Capital (NAC) by the Administrative Capital for Urban Development (ACUD).
Bee’ah Egypt’s facilities include a refuse-derived fuel facility, which can process up to 1,500 tonnes of municipal solid waste daily to generate fuel for cement industries and a Bee’ah Egypt medical waste facility that can process up to six tonnes of medical waste per day. Non-recyclable waste will be disposed of in an engineered landfill with gas monitoring and extraction in full compliance with responsible landfill management.
In November, Taj Misr Developments launched a commercial project with a total investment of US $95.8m in Egypt’s New Administrative Capital. Spanning over 23 acres, the EGP 2 billion urban project includes around 32 residential buildings and a shopping mall and is scheduled to be completed after three years.
In late November, Egypt’s President Abdel-Fattah El-Sisi inspected on several construction sites in the New Administrative Capital, including the arts and culture city and the new Opera House.
The president hailed the construction and designs of the arts and culture city, which will be the largest artistic city in the Middle East. The 127-feddan arts and culture city was established in line with international standards to be a beacon of arts and culture in the region.
The city will house several theatres, cinemas, libraries, and museums along with a mosque large enough for 600 worshippers. The president said the new Opera House will be the largest in the Middle East.
In mid-December, a consortium comprising Siemens Smart Infrastructure and Hassan Allam Construction secured a contract from Egyptian Electricity Transmission Company (EETC) to build the new National Energy Control Center in the New Administrative Capital of Egypt.
Under the US $54.5m contract, the consortium will be responsible for constructing a power grid control center that will monitor and control extra-high voltage transmission networks and power generation stations across Egypt with advanced software and equipment.
Other technologies will be deployed at the control center to support future grid expansion while ensuring a secure energy supply. The new center and the backup control center located in Giza will be equipped with Siemens Spectrum Power 7 platform for transmission management in energy networks.
In the same period, the Egyptian Parliament’s Transport and Communications Committee approved a US $2.2bn loan facilitation agreement between the National Authority for Tunnels and GB Morgan Europe Limited and other financial institutions, for the construction of the monorail lines at the New Administrative Capital (NAC) and 6th of October city.
According to the Undersecretary of the Transport Committee Rizk Ragheb Daiallah, who chaired the meeting, parliament values the monorails project in NAC and therefore its implementation should be swift. “Members must have sufficient confidence in how to repay the loan without the state bearing any burdens, taking into account that the Egyptian citizen does not bear any financial burdens,” he said.
Daiallah further requested that the committee’s members provide a full feasibility study to work on paying the loan, as well as construction contracts. “Once the study is provided, the parliament will fully approve it.
In late December, Vodafone CEO Nick Read announced that the company intends to start experimenting with 5G mobile networks in Egypt’s New Administrative Capital due to its modern infrastructure.
This is in light of the group’s experience in communications and digital transformation and reliance on technological systems in managing new facilities and cities, which represent a fundamental pillar within the framework of the state’s plan for digitalization and comprehensive development in Egypt.
Read said that the balanced path that Egypt had taken in dealing with the coronavirus contributed to preserving economic, commercial and service activity in the country and to achieving positive growth rates.

2021

In early January, Housing Minister Essam el Gazzar announced that 53 floors of the Iconic Tower have been finalized and fronts of other towers are currently under construction in the Central Business District (CBD) at the New Administrative Capital.
Meanwhile, the construction of the third residential district, Capital Residence, is also underway, with 90% of the district finished. Capital Residence is built on an area of 1,016 acres and includes eight neighborhoods, with a total of 24,130 housing units, the minister said.
Another district named “New Garden City”, is 82% complete. The district includes 295 residential buildings, 105 villas, 175 townhouses, 11 towers, and 96 mixed housing buildings, he added.
Gazzar confirmed that the Cairo Capital Central Park project will cover an area of one thousand acres, making it one of the largest parks in the world. The park will be divided into three sectors, each of them will include recreation areas, gardens, and commercial facilities.
In mid-January, the National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed a Memorandum of Understanding (MoU) together with the local companies Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.), to design, install and commission Egypt’s first ever high-speed rail transportation system.
Additionally, Siemens Mobility will be providing maintenance services. The agreement comprises a rail system with a network of 1000km, with the first being a 460km high-speed line. The order value of this initial high-speed line is around US $3bn.
In late January, NAC spokesperson Khaled al-Husseini revealed that construction of the governmental neighborhood is 90% complete. The ministries, parliament, and governmental agencies are moving to the New Capital by 30th June transferring 40,000 employees who are granted residencies in Badr City lying few kilometers from their work location.
Husseiny further added that the project has raised the value of land around the project. The price of a square meter jumped from LE50 to LE50,000 in some areas of the New Capital.
Furthermore, Egypt and China signed an attachment agreement on completing works at the Central Business District (CBD) in the New Administrative Capital (NAC). A Memorandum of Understanding (MoU) on the management and operation of the project was also signed. Egypt’s minister of housing Assem El-Gazzar urged the contractor to speed up workflow as the CBD project might host the launching ceremony of the first phase of NAC.
In early February, Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker revealed that, New Administrative Capital (NAC’s) electrical power plant is the largest of its kind in the world. According to the minister the power plant, which was established only 2 and a half years ago, is cooled by air. It adds to Egypt’s aspiration to export renewable energy to Europe through modern networks.
Around the same time, Orange Business Services announced that it will design and build a new data center to provide cloud services for Egypt’s ‘New Administrative Capital’. The project will be implemented in collaboration with Orange Egypt, who will supply the required infrastructure and services, following their appointment as the project’s prime contractor by Administrative Capital for Urban Development (ACUD) – owner and developer of the New Administrative Capital.
The ACUD project has been designed as a smart sustainable city located 45 kilometers east of Cairo on a greenfield site, covering a total area of 700 square kilometers (270 square miles) mid-way to the seaport city of Suez.
In late February, the government announced that 60 floors have been built in the iconic tower. This means that 11 floors have been built since October 2020 raising the number from 49 to 60. The height of the tower is planned to be 400 meters consisting of 79 floors. As such, 19 floors are remaining to accomplish the tallest tower in Africa.
In early March, Egypt’s Minister of Environment Yasmine Fouad met with officials of Bee’ah, a UAE-based sustainability and environmental services company, to review the company’s business plan in the New Administrative Capital (NAC).
The representatives of Bee’ah showcased the company’s experience in the field of waste management in the UAE, and the work plan to be applied in NAC to carry out the municipal management of the waste system, which includes collecting, transporting, recycling, and treating waste, besides cleaning streets.
Around the same period, Marriott International announced the opening of The St. Regis Almasa. The hotel is poised to become the best address in the heart of the up-and-coming city, which is slated to be the new face of Cairo and the administrative and financial hub of Egypt.
“We are delighted to bring our iconic St. Regis brand to the New Administrative Capital together with the National Authority for Management & Investment,” said Guido De Wilde, Chief Operating Officer, Middle East, Marriott International. “This opening is a significant milestone in our journey and underscores the tremendous trust and confidence our owners have in us and in the power of our luxury brands in the region,” he added.
Elsewhere, Egypt’s Prime Minister Mostafa Madbouly announced that the transfer of government institutions to the New Administrative Capital (NAC) will start by August.
Minister of Housing, Utilities and Urban Communities Assem El Gazzar reviewed the executive position of housing projects at the NAC, including the residential R3 and R5 neighbourhoods, the central business district, the Green River, and utility projects.
El Gazzar said that the main water lines have been connected to the government district, along with all facilities needed by the ministries, including water, sewage, and rain drainage networks. All ministries have also been connected with electricity services.
Meanwhile, Minister of Transport Kamel El-Wazir presented the executive position of the most prominent transport projects that will serve the transferal plan to the NAC. The Ministry has implemented 79% of the electrified train projects that will connect the cities of Salam and the 10th of Ramadan, passing through the NAC, with a total of 16 stations.
In late March, Chinese company CRC announced that it had finished manufacturing the first train for an electric train project connecting Adly Mansour Station to the New Administrative Capital, and has begun special preparations for its shipment to Egypt.
The Ministry of Transport said that the train’s pilot operations will start in August, and that it will officially operate during October celebrations.
In late March, it was announced that following the opening of the Central Bank of Egypt (CBE)’s new printing house in the New Administrative Capital, the CBE will begin printing plastic money made of polymer. The bank plans to start printing and offering plastic LE10 notes on the local market by June.
In early April, Prime Minister Mostafa Madbouly held a meeting in the Cabinet’s headquarters in the New Administrative Capital to examine the preparations for the inauguration of the new city. The meeting was attended by a number of officials and representatives of the company organizing the ceremony.
The meeting is upon an assignment by President Abdel Fatah al-Sisi to start preparations for the inauguration of the New Capital, including selecting the spots where the celebration can take place. Proposed spots include the People’s Yard, the Flagpole area, and others. The prime minister said that the ceremony will send a message on the beginning of the “New Republic”.
In mid-April, Skyway Development announced its plans to launch the Bayadega, Downtown New Capital project in the towers area of the New Administrative Capital (NAC).
The project is anticipated to receive US $44.8m in investments. The real estate development company is also eyeing Gulf investors in developing other projects through the next phase.
The company acquired a plot in the Downtown New Capital area to develop an administrative, commercial, and medical project that will be constructed according to international standards.
According to Skyway Development CEO Hosny ElSaidy, the plot will enjoy the first hanging food court in the NAC, and will be fit with the latest real-estate market development trends. “It will also see the entry of new real estate products as an addition to the sector,” he added.
In late April, Minister of Housing, Utilities, and Urban Communities Assem al-Gazar stated that 92% of constructions in “Garden City” neighborhood in the New Administrative Capital (NAC) are over, and that the progress rate of finishing works is 18%. “Garden City” is the fifth residential neighborhood in the New Capital and is named after Cairo’s Garden City neighborhood built in the Khedevian era. It is executed by nine Egyptian construction firms.
The new neighborhood consists of 21,953 residential units, as it has 459 villas, and 385 buildings encompassing 21,494 flats. As for commercial units, their number is 513 in addition to facilities like educational, medical, administrative, and entertainment establishments.
The neighborhood spans over 885 feddans (one feddan is equal to 4,200 square meters) viewing the Central Park and its architectural design is a mix of baroque and more modern styles of French architecture.
Around the same period, Delegations from the Administrative Capital for Urban Development (ACUD) and Mastercard met to discuss the latest developments in the latter’s project in the New Administrative Capital (NAC). The project is scheduled for inauguration next October, and aims to make the NAC the first cashless city in Egypt.
The delegations were headed by ACUD Chairperson Ahmed Zaki Abdeen and Khalid Elgibali, MasterCard Division President for the Middle East and North Africa (MENA) region.
Elsewhere, Brouq Developments launched its Spark Capital Insight project with investments worth US $95.8m. According to Marketing Director Helal Mohsen the project was built on an area of 8,000 sqm in the MU23 area of the NAC. It is located at the intersection of the Al Amal Axis and the Bin Zayed Axis, and overlooks the Green River.
The project was built as a commercial-medical-administrative tower providing several services, including the largest food court on the Green River, hanging restaurants, dynamic elevators, and display screens, among others.
Egyptian developer El Batal Group also launched its first project in the New Administrative Capital (NAC) at an investment of about US $128m. According to the company CEO Emad Doss, the 7-storey Rock Capital 1, with a Built-Up Area of 100,000 square metres, will comprise of offices and be completed by the end of 2023.
In late May, Sky Abu Dhabi Developments announced the launch of a new sales phase of its “Residence Eight” project in the New Administrative Capital (NAC), following the overwhelming success of the first phase.
In early June, Living Yards Developments (LYD) launched its latest world-class integrated iCity, The Loft Plaza, exquisitely located at the heart of Egypt’s New Administrative Capital. The new residential project offers 35-200 sqm units designed to the world’s finest architectural trends.
The Loft Plaza complements its elite houses with administrative, entertainment, commercial, and medical smart amenities to guarantee optimum living experience to its cherished customers.
In mid-June, China State Construction Engineering Corporation (CSCEC) celebrated the completion of the concrete structure of Iconic Tower in the Central Business District of Egypt’s New Administrative Capital. Now the tallest tower in Africa, Iconic Tower’s concrete structure is 373.2m while its highest point is 385.8m.
The government of Egypt further announced the completion of phase one construction of the tallest tower in Africa. Egyptian Ministry of Housing said the China State Construction Engineering Corporation (CSCEC) completed the concrete work at the 400-metre Iconic Tower.
In early July, the China State Construction Engineering Corporation (CSCEC) successfully lifted and installed the iconic air corridor connecting two office buildings in the central business district (CBD). The skyway made of steel, which has a span of 31.4 meters and weighs 161 tons, has been cordially described as the Corridor of China-Egypt Friendship or the Gateway to China-Egypt Cooperation.
In early June, Egypt’s Housing Minister Assem El-Gazzar announced that the initial delivery of some towers will start at the end of 2021 while the deliveries of the rest of the towers will follow soon after. According to the minister, glass facades featured on a number of towers in the CBD will soon be completed.
“The construction will be completed in parallel with the implementation of internal finishing works,” he said.
In mid-July, Egypt’s Sense Group announced plans to build three malls in Downtown area of New Administrative Capital (NAC) at a total investment of US $61m, the company Chairman said.
According to company chairman Abdel Hamid Abdel Alal, the projects will comprise of US $9.6m Sense Mall 1; US $19m Sense Mall 2 and US $32m Sense Mall 3. “The 8-storey Sense Mall 1, designed by Hatem Ghieth, would be the first of the three malls to be launched. The 75-unit mall will house shops and offices, and is scheduled for completion by 2024,” he said.
Around the same time, Egypt’s Prime Minister Mostafa Madbouly said that the area of the first phase of the New Administrative Capital set to be inaugurated by the president is 40,000 feddans, almost half the area of Cairo. According to Madbouly the Egyptian capital’s area is about 90,000 feddans.
He further added that the establishment of the artificial Green River in the new capital will be finished by the end of September.
In late July, Egypt announced it had received the first two monorail trains for the Nasr City–New Administrative Capital monorail line at the port of Alexandria. According to Lieutenant General Kamel al-Wazir, Minister of Transport, the monorail construction is on schedule, with the first phase of the Stadium/Al-Moshir Mosque station scheduled to be inaugurated next May.
He added that Egypt has received the signaling systems for the electric train project and they will be installed at the beginning of the coming week.
Around the same time, MBG Developments Chairperson Mahmoud El Adl announced it is set to launch its third project in Egypt’s New Administrative Capital (NAC), called White 14.
The move comes after the company achieved great successes in the domestic real estate market, and supports the state’s trend towards urban expansion in new fourth generation cities.
In Early August, Egyptian President Abdel Fattah Al-Sisi issued a decree to establish Egypt University of Informatics at the Knowledge City in the New Administrative Capital.
Amr Talaat, Minister of Communications and Information Technology, said the decision reflects the vision of the political leadership and the state’s efforts to create a new generation of informatics experts with a high degree of knowledge and skills to achieve a qualitative leap in Egypt’s position in the international information arena.
In late August, Egypt’s RNA Developments announced the launch of its Triton Tower commercial project in the New Administrative Capital (NAC) at an investment of US $45m. According to CEO Abdel Galil Hussein the 13-storey tower would be located in the Central Business District (CBD) and will house shops, offices and clinics. “Triton Tower will be completed and delivered by mid-2025. It is our second project in the NAC after Elevado Tower, which is being developed at an investment of US $19m,” he said.

Login

Register

The government of Egypt through the country’s Ministry of Antiquities signed a cooperation protocol with AL masa Group for the construction of a new grand museum near the pyramids.

CSCEC officially started the CBD project in May

President Abdel Fattah al-Sisi inaugurated Egypt and Middle East’s largest cathedral called “The Nativity of Christ” in the NAC and the grand mosque called “Al-Fattah Al-Aleem Mosque” the second largest in the world after the Great Mosque of Mecca in Saudi Arabia.

Construction of the Iconic Tower in the CBD begins.

In January, according to Chang Weicai, general manager of CSCEC Egypt, they had finished constructing 16 floors, 100m height of the Iconic Tower. The construction speed rate at the tower had reached 5.5 or six days per floor. The tower is expected to be 385m high by the end of 2020

In March, CSCEC finished the capping of the first skyscraper in the 20 tower CBD; C03.

In September, China State Construction Engineering Corporation (CSCEC) held an online open-day event on the Central Business District (CBD) project in Egypt’s new administrative capital. The event showcased the construction progress of a series of landmark buildings.

Waleed Ramadan, technical engineer of the project, said that CSCEC had immediately taken preventive measures since the outbreak of the COVID-19 pandemic in January. This has ensured the orderly operation of construction works, whilst effectively protecting the safety of its staff and contractors.

Civil Engineer Mohamed Nagar introduced the “building machine” used for the iconic tower. This self-developed technology can finish building one floor in five days when operating at its full capacity. The tower, with 80 floors in total, has been built to its 40th floor so far.

In late October, UAE-based leading sustainability pioneer Bee’ah was awarded a contract appointing the firm as the waste management and city cleaning partner for Egypt’s New Administrative Capital (NAC) by the Administrative Capital for Urban Development (ACUD).

In late November, Egypt’s President Abdel-Fattah El-Sisi inspected on several construction sites in the New Administrative Capital, including the arts and culture city and the new Opera House.

The president hailed the construction and designs of the arts and culture city, which will be the largest artistic city in the Middle East. The 127-feddan arts and culture city was established in line with international standards to be a beacon of arts and culture in the region.

The city will house several theatres, cinemas, libraries, and museums along with a mosque large enough for 600 worshippers. The president said the new Opera House will be the largest in the Middle East.

In mid-December, a consortium comprising Siemens Smart Infrastructure and Hassan Allam Construction secured a contract from Egyptian Electricity Transmission Company (EETC) to build the new National Energy Control Center in the New Administrative Capital of Egypt.

Under the US $54.5m contract, the consortium will be responsible for constructing a power grid control center that will monitor and control extra-high voltage transmission networks and power generation stations across Egypt with advanced software and equipment.

Other technologies will be deployed at the control center to support future grid expansion while ensuring a secure energy supply. The new center and the backup control center located in Giza will be equipped with Siemens Spectrum Power 7 platform for transmission management in energy networks.

Daiallah further requested that the committee’s members provide a full feasibility study to work on paying the loan, as well as construction contracts. “Once the study is provided, the parliament will fully approve it.

In late December, Vodafone CEO Nick Read announced that the company intends to start experimenting with 5G mobile networks in Egypt’s New Administrative Capital due to its modern infrastructure.

Read said that the balanced path that Egypt had taken in dealing with the coronavirus contributed to preserving economic, commercial and service activity in the country and to achieving positive growth rates.

In early January, Housing Minister Essam el Gazzar announced that 53 floors of the Iconic Tower have been finalized and fronts of other towers are currently under construction in the Central Business District (CBD) at the New Administrative Capital.

Meanwhile, the construction of the third residential district, Capital Residence, is also underway, with 90% of the district finished. Capital Residence is built on an area of 1,016 acres and includes eight neighborhoods, with a total of 24,130 housing units, the minister said.

Another district named “New Garden City”, is 82% complete. The district includes 295 residential buildings, 105 villas, 175 townhouses, 11 towers, and 96 mixed housing buildings, he added.

Gazzar confirmed that the Cairo Capital Central Park project will cover an area of one thousand acres, making it one of the largest parks in the world. The park will be divided into three sectors, each of them will include recreation areas, gardens, and commercial facilities.

Additionally, Siemens Mobility will be providing maintenance services. The agreement comprises a rail system with a network of 1000km, with the first being a 460km high-speed line. The order value of this initial high-speed line is around US $3bn.

Husseiny further added that the project has raised the value of land around the project. The price of a square meter jumped from LE50 to LE50,000 in some areas of the New Capital.

The ACUD project has been designed as a smart sustainable city located 45 kilometers east of Cairo on a greenfield site, covering a total area of 700 square kilometers (270 square miles) mid-way to the seaport city of Suez.

In early March, Egypt’s Minister of Environment Yasmine Fouad met with officials of Bee’ah, a UAE-based sustainability and environmental services company, to review the company’s business plan in the New Administrative Capital (NAC).

Around the same period, Marriott International announced the opening of The St. Regis Almasa. The hotel is poised to become the best address in the heart of the up-and-coming city, which is slated to be the new face of Cairo and the administrative and financial hub of Egypt.

Elsewhere, Egypt’s Prime Minister Mostafa Madbouly announced that the transfer of government institutions to the New Administrative Capital (NAC) will start by August.

Minister of Housing, Utilities and Urban Communities Assem El Gazzar reviewed the executive position of housing projects at the NAC, including the residential R3 and R5 neighbourhoods, the central business district, the Green River, and utility projects.

El Gazzar said that the main water lines have been connected to the government district, along with all facilities needed by the ministries, including water, sewage, and rain drainage networks. All ministries have also been connected with electricity services.

In late March, Chinese company CRC announced that it had finished manufacturing the first train for an electric train project connecting Adly Mansour Station to the New Administrative Capital, and has begun special preparations for its shipment to Egypt.

The Ministry of Transport said that the train’s pilot operations will start in August, and that it will officially operate during October celebrations.

In mid-April, Skyway Development announced its plans to launch the Bayadega, Downtown New Capital project in the towers area of the New Administrative Capital (NAC).

The project is anticipated to receive US $44.8m in investments. The real estate development company is also eyeing Gulf investors in developing other projects through the next phase.

The company acquired a plot in the Downtown New Capital area to develop an administrative, commercial, and medical project that will be constructed according to international standards.

According to Skyway Development CEO Hosny ElSaidy, the plot will enjoy the first hanging food court in the NAC, and will be fit with the latest real-estate market development trends. “It will also see the entry of new real estate products as an addition to the sector,” he added.

The new neighborhood consists of 21,953 residential units, as it has 459 villas, and 385 buildings encompassing 21,494 flats. As for commercial units, their number is 513 in addition to facilities like educational, medical, administrative, and entertainment establishments.

The neighborhood spans over 885 feddans (one feddan is equal to 4,200 square meters) viewing the Central Park and its architectural design is a mix of baroque and more modern styles of French architecture.

The delegations were headed by ACUD Chairperson Ahmed Zaki Abdeen and Khalid Elgibali, MasterCard Division President for the Middle East and North Africa (MENA) region.

The project was built as a commercial-medical-administrative tower providing several services, including the largest food court on the Green River, hanging restaurants, dynamic elevators, and display screens, among others.

In late May, Sky Abu Dhabi Developments announced the launch of a new sales phase of its “Residence Eight” project in the New Administrative Capital (NAC), following the overwhelming success of the first phase.

In early June, Living Yards Developments (LYD) launched its latest world-class integrated iCity, The Loft Plaza, exquisitely located at the heart of Egypt’s New Administrative Capital. The new residential project offers 35-200 sqm units designed to the world’s finest architectural trends.

The Loft Plaza complements its elite houses with administrative, entertainment, commercial, and medical smart amenities to guarantee optimum living experience to its cherished customers.

The government of Egypt further announced the completion of phase one construction of the tallest tower in Africa. Egyptian Ministry of Housing said the China State Construction Engineering Corporation (CSCEC) completed the concrete work at the 400-metre Iconic Tower.

“The construction will be completed in parallel with the implementation of internal finishing works,” he said.

In mid-July, Egypt’s Sense Group announced plans to build three malls in Downtown area of New Administrative Capital (NAC) at a total investment of US $61m, the company Chairman said.

He further added that the establishment of the artificial Green River in the new capital will be finished by the end of September.

He added that Egypt has received the signaling systems for the electric train project and they will be installed at the beginning of the coming week.

Around the same time, MBG Developments Chairperson Mahmoud El Adl announced it is set to launch its third project in Egypt’s New Administrative Capital (NAC), called White 14.

The move comes after the company achieved great successes in the domestic real estate market, and supports the state’s trend towards urban expansion in new fourth generation cities.

In Early August, Egyptian President Abdel Fattah Al-Sisi issued a decree to establish Egypt University of Informatics at the Knowledge City in the New Administrative Capital.

Related posts

Leave a Comment Cancel Reply