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CSCEC signed an agreement with Egypt New Town Development Authority
Seetao 2021-01-25 11:18
  • CSCEC signed an agreement with Egypt New Town Development Bureau, which marks a new step in the cooperation
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January 21, 2021, China State Construction and Egypt New City Development Bureau on the CBD project additional project contract and Egypt's new capital CBD assets operation project cooperation framework agreement "cloud signing" ceremony was held simultaneously in Beijing and Cairo, Egypt.

Egypt's new capital CBD asset operation project cooperation framework agreement signed

Signing ceremony, zhongjian group member of the party group, deputy general manager zhou yong, on behalf of the Chinese architecture and new town development authority of Egypt, o DE signed saeed, vice President of Egypt's new capital of the central business district (CBD) project project contracts, contracts can be total about $800 million, zhongjian group, general manager of overseas department, build the international chairman takanami, o on behalf of the Chinese architecture and DE saeed signed Egypt's new CBD in the capital assets operation project cooperation framework agreement.

Zhou Yong said in his speech that China Construction has served China-Egypt economic and trade cooperation for 36 years, which has witnessed the profound friendship between the two countries. Since the signing of the Framework Agreement on the Construction of Egypt's New Capital in 2016, witnessed by the two heads of state, China State Construction has sent its best team to implement the CBD project of Egypt's new administrative capital with high quality, laying a solid foundation for mutual trust and cooperation between the two sides. This contract marks a new step in the cooperation between China State Construction and the Egyptian government. China State Construction will complete the cooperation projects with high quality and efficiency without trust and contribute to the construction and development of Egypt.

On behalf of the Egyptian government, Egyptian Minister of Housing Abdul Abdel Aram al-Assam expressed appreciation for China Construction's contribution to Egypt's economic and social development, fully affirmed China Construction's high-quality implementation of the new capital CBD project, and expressed full confidence in deepening bilateral cooperation.

Egyptian Ambassador to China Mohamed El-Badri said that the signing of the contract fully demonstrates the Egyptian government's recognition of the excellent construction capability of China State Construction in the construction of the new capital CBD project. He hoped that China State Construction would continue to carry out the project well and make greater contribution to the win-win cooperation between China and Egypt.

Project renderings of the central business district of Egypt's new capital city

The contract for an additional project in the Central Business District of the New Capital of Egypt is about $800 million. The contract funds will be paid by the owners themselves. The central business district project of Egypt's new capital is located in the core area of the first phase of the new capital, covering a total area of about 505,000 square meters, with a total construction area of about 1.9 million square meters. The whole project includes a 385-meter-high sign tower "the tallest building in Africa", 12 super high-rise commercial office buildings, 5 super high-rise apartment buildings and 2 high-end hotels, a total of 20 building monomers and supporting municipal works.

Egypt's new capital city central business district project under construction

Egypt's new capital city center business district (CBD) operation project is China's central business district (CBD) architecture and the Egyptian government to implement the new capital asset value goal, in accordance with the standards of international ecological wisdom new city will make the integration of assets operation platform, mainly includes the operation management of the new capital of the central business district (CBD) of municipal infrastructure, assets operation, business, commerce, government services, etc. The project will effectively drive the comprehensive operation advantages of China's construction cities to "go global", explore a new model of overseas business development, and become a new model of China-Egypt economic and trade cooperation.

Responsible persons from the Housing Department of Egypt, the Development Bureau of New City and the Embassy in China, the senior executives from the assistant general level of China Construction International, the responsible persons from the Investment Business Department, the Marketing Department and the Egypt Branch of China Construction International attended the signing ceremony.(Reprinted please indicate Jiandao website www.seetao.com) Jiandao website video column editor/Gan Linping


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