Egypt new capital’s Central Business District towers ready mid 2021
China’s construction firm CSCEC will start delivering 20 housing towers at the Central Business District (CBD) in Egypt’s new capital by mid-2021, Egyptian deputy housing minister said on Tuesday.
The buildings include an iconic tower – which will be Africa’s tallest building – in the new capital, added Deputy Minister of Housing for National Projects Khaled Abbas.
“The iconic tower will be handed over by early 2020,” Abbas said.
China State Construction Engineering Corporation (CSCEC) is building the iconic tower, which will be a 358-metre tall in the new capital, Minister of Housing Assem al-Gazzar announced late November.
The 358-metre tall tower is being implemented by China State Construction Engineering Corporation (CSCEC) to be one of several Dubai-style mega projects in the new capital on a space of 240,000 square metres.
In March 2018, Egyptian Prime Minister Moustafa Madbouly laid the foundation stone of a massive Central Business District (CBD) in the new capital’s first phase.
The new district, which is also being carried out by CSCEC, will include 20 giant buildings and will be completed at the end of 2020, with investment cost of $3.2 billion.
Located 45km (28 miles) east of Cairo, the anticipated new capital is part of the Egyptian government’s plan to expand urban areas to deal with the state’s rapid population growth and improve the nation’s infrastructure.
The new city is set to be a 270-square-mile hub with 21 residential districts to accommodate five million people. It will feature 1,250 mosques and churches as well as 5,000-seat conference centre, nearly 2,000 schools and colleges, over 600 medical facilities, and a park that is projected to be the world’s largest.