News -> Newroom -> Great news from oversea- Winning three bids for the Center Business District of New Administrative Capital of Egypt

Great news from oversea- Winning three bids for the Center Business District of New Administrative Capital of Egypt

Oct 18,2019
      Recently, CCSZD has successfully won the bidding for the three  projects of the Center Business District of New Administrative Capital of Egypt,which marking a major breakthrough in the overseas business. It is also a big achievement for CCDZD's overseas development strategy,which will further encourage overseas business.
 
      The projects are located in the 45km east of Cairo. On January 21, 2016, under the joint witness of Chinese President Xi Jinping and Egyptian President Seyce, Chairman of China Construction Co., Ltd. Guan Qing and Minister of Housing, Public Facilities and Urban Development of Egypt Mustafa Kamal Madbuli (now the Prime Minister of Egypt) signed a package of general contracting for the construction of the new capital of Egypt. The population of Cairo is close to 20 million and the urban infrastructure is overwhelmed. The construction of the new capital will effectively ease the pressure of Cairo, attract foreign investment, promote the development of the Suez Canal Economic Belt and the Red Sea Economic Belt, and promote the realization of Egypt's National Rehabilitation Plan.The project was hailed by Egyptian President Seyce as "the locomotive of Egypt's future development." Egypt is an important fulcrum of the “Belt and Road Initiative”. The construction of the new administrative capital will not only become an important “marker” for the cooperation between China and Egypt, but also an important symbol of the “Belt and Road”. It also symbolizes the long-term friendship between China and Egypt and even Central Africa. 
    All three projects are unitized curtain walls. It is expected the completion date of 2020. The project has strong political significance, large volume, tight schedule and heavy tasks. All members in the projects   will adhere to the "safe, professional, efficient, and contending" work philosophy, "doing good projects, nurturing talents, and opening a good market", stable and orderly. At the same time, it is also a good chance to cultivate more talents for oversea achievement,explore overseas project management models, and strive to implement the “Belt and Road ” initiative.

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