47% of works at New Capital City power plant completed: Egypt’s minister

Egyptian electricity ministry finished 47 percent of works at the power plant of state’s New Administrative Capital City, Minister Mohamed Shaker stated Sunday.

During his tour to showcase construction and installation works in the new plant, Shaker added that the ministry fulfilled its commitment about installing gas and electricity networks. The ministry is currently installing the water network for the new plant, Shaker said.

In March 2015, Egypt signed the contracts of building New Administrative Capital City during Egypt’s Economic Development Conference (EEDC) with investment cost estimated at US$45 billion. The New Capital is scheduled to be established over 5-7 years.