4 major contractors negotiating to execute towers in Egypt’s New Alamein – source

Four major construction companies are in talks to implement a bunch of towers in New Alamein – one of Egypt’s anticipated fourth-generation cities – within the next period, according to a source.

One of a giant consulting offices operating in the local market is currently executing the designs of the towers, an official source in one of these construction companies further told Amwal Al Ghad on Sunday.

In March 2018, Egypt’s President Abdel Fattah al-Sisi inaugurated New Alamein City, northwest of Cairo, on a space of 48,000 feddans, at a cost worth 2 billion Egyptian pounds ($111.7 million).

New Alamein is one of the fourth generation cities being built in Egypt in some of the most up-to-date architectural styles, and is scheduled to be finalised in one-year timeframe.

The city is planned to have universities and schools as well as various services and tourist activities. It is expected to accommodate 400,000 populations.