Egyptian Prime Minister Mostafa Madbouli discussed the construction of a mega project with a delegation from the China State Construction Engineering Corporation (CSCEC), state-run Ahram newspaper reported Saturday.
The two sides discussed the latest developments concerning the construction of a mega project in New Administrative Capital on Friday, the report said.
The CSCEC, China’s largest construction and real estate conglomerate and biggest building work contractor, has participated in the construction of the Central Business District (CBD). It is taking the long lead of China’s international contracting business.
“The CBD came at top of the projects of mutual cooperation with the Chinese side,” Madbouli said, highlighting the CSCEC’s capabilities.
“The construction has started and I expected to see the Chinese miracle on the ground,” he said.
Egyptian President Abdel Fattah al-Sisi has said that “the project would be completed in two years,” Madbouli told the delegation.
Sisi would sign with CSCEC’s officials legal documents for launching the second phase of the project, the report said.
Sisi has also called for optimizing reliance on up-to-date technology in the development of the country’s new capital, highlighting the importance that all the installations in the new city should reflect the modern standards of smart and environmentally-friendly buildings.
The CBD will include 20 residential, administrative, commercial and service towers scattered on the 1.7 million square meters ground.
The two sides are actively implementing the consensus reached by the two heads of state and pushing China-Africa pragmatic cooperation into a new stage, he added.
The project started construction in March this year and is currently under construction
Upon completion, the CBD would help China-Egypt comprehensive strategic partnership to reach a higher level, Peng added.