The Award-winning pan magazine "Africa Report" wrote about Egypt's major building boom and the 37 new smart city projects in New Administrative Capital.
The New Administrative Capital, located nearly 45km east of Cairo, will be the new government headquarters, which is set to relocate nearly 50,000 state employees within a few months.
The city has already hosted several magnificent events. The first phase of construction work has been underway for the past five years, with $20bn of investments pumped into an area spanning 40,000 feddans (16,800ha).
The new capital should be able to house 6.5 million people on 70,000ha after all three phases are complete.
The magazine highlighted how the New Administrative Capital has been a godsend for construction companies both domestic and foreign.
In 2017, China State Construction Engineering Corporation inked a deal to build 20 big towers in the New Administrative Capital, which are due to be completed next year.
The new capital has also been a boon for Orascom Construction, a local company that signed $1bn in projects in the last quarter of 2020, with almost two-thirds of them in Egypt.
In September, Orascom, The Arab Contractors, and Germany’s Siemens made a deal with the government to build a high-speed rail link from Ain Sokhna to Alexandria.
Furthermore, the Arab Contractors is set to build the new Senate, the new parliament, and a huge Islamic cultural centre in the city.
The magazine also underlined the contracting boom in the New Alamein, located on the Mediterranean Sea, approximately 85 km west of Borg El Arab International Airport.
New Alamein is designed to house two million people and has been growing since 2018 on a 20,160-hectare parcel of land. It is considered to be a fourth-generation city and Egypt’s second most eminent mega-development.
The coastal city is filled with towers and skyscrapers, which are rare in Egypt, as well as government offices.
Both projects are part of a total of 37 smart cities that are either at the planning stages or are already being constructed, under the auspices of the government and the military.
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