China Centered in Egypt’s New Capital Designed for 6 Million Residents
Egypt is developing a new capital to alleviate Cairo’s congestion, with China State Construction Engineering Corporation spearheading the project. The 700 sq km city aims to house over 6 million people, with a total cost of about $3.8 billion. This partnership signifies key economic cooperation between Egypt and China, involving the construction and maintenance of vital infrastructure.
Egypt is taking significant steps towards building a new capital aimed at alleviating overcrowding and pollution in Cairo. A sprawling 700 square kilometer (about 270 square miles) city is in the works, which is set to eventually accommodate over six million people. The projected cost for constructing the Central Business District (CBD), featuring a presidential palace, parliament, government buildings, and locations for foreign embassies, stands at approximately $3.8 billion—around 29.8 billion yuan.
The Chinese construction powerhouse, China State Construction Engineering Corporation (CSCEC), will not only build the CBD but also take charge of its operation and maintenance. This ambitious undertaking will provide integrated urban services to residents, visitors, and businesses alike. In a recent statement, CSCEC specified the scope of their responsibilities, emphasizing their commitment to the project.
Dong Jianguo, China’s Vice Minister of Housing, attended the deal signing and hailed the partnership between Egypt and China as a “model of mutual benefit.” He also expressed enthusiasm for enhancing cooperation in housing and infrastructure development between the two nations. This collaboration underscores the strong bilateral ties that have been nurtured over time.
The CBD will include Africa’s tallest building, the Iconic Tower, which rises to 385.8 meters (approximately 1,266 feet) and is surrounded by 10 office towers, five residential towers, and four hotels. The scale of the project is impressive, and CSCEC is at the forefront as the main builder.
Since the start of 2023, the new capital has begun to take shape with the relocation of over 30,000 government workers. The city has assumed the role of Egypt’s official government seat following President Abdel Fattah al-Sisi’s inauguration for a third term. The presence of businesses, including banks, moving into the CBD points to its emerging significance within Egypt’s economic landscape.
In summary, Egypt’s newly planned capital, constructed by CSCEC, aims to ease the challenges of overcrowding in Cairo with a massive city designed for over 6 million residents. The project’s estimated cost of $3.8 billion reflects its ambitious scope, which includes a range of essential facilities. The strategic partnership between Egypt and China is anticipated to bolster both nations and enhance urban development services.
Original Source: www.scmp.com
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