PM inspects Central Business District’s towers in Egypt new capital
Egyptian Prime Minister Moustafa Madbouly has inspected on Monday the implementation of a number of towers at the Central Business District (CBD) in the country’s new capital.
The towers are being executed by China State Construction Engineering Corporation (CSCEC), in cooperation with a bunch of Egyptian construction firms.
In March 2018, 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.