86-10-64094774 info@beltway.cn
News Center News   center

Egypt, China discuss expanding partnership in New Administrative Capital

Source: network
date: 2018-08-06
浏览次数: 20


Egypt, China discuss expanding partnership in New Administrative Capital

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.

Among them, a 385-meter skyscraper attracts the most attention, as it will be the tallest building in Africa once completed.

Madbouli said Sisi has called on "the Chinese company to finish the project on time to put it in Guinness World Records."

Hao Peng, an official with the State-owned Assets Supervision and Administration Commission, said that "China-Egypt relations are very friendly."

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 has started construction in March this year and is currently under construction, he said.

Upon completion, the CBD would help China-Egypt comprehensive strategic partnership to reach a higher level, Peng added.

Chang Weicai, CEO of the CSCEC Egypt company, told Xinhua last month that the construction work is scheduled to be finished within 3.5 years "at maximum."

The project is intended to offer thousands of jobs and stimulate the economy, while Egypt's government institutions are scheduled to move to the new capital within the second half of 2019.

"The project reflects the depth of the Egyptian-Chinese relations," said Mostafa Ibrahim, a member of the Cairo-based Egyptian Businessmen Association.

"China's participation in the Egyptian national projects, especially the new capital, signaled strong political support from Egypt," Ibrahim said, adding that more Chinese contribution to Egypt's mega projects attracts positive attention from the Egyptian people.

Ibrahim predicted that the economic relations will expand in light of the two sides' unique historical cooperation.


Recommending news
  • 点击次数: 22
    2019 - 01 - 03
    Chinese President Xi Jinping delivers a New Year speech on the eve of the year 2019 in Beijing, capital of China. (Xinhua/Ju Peng) President Xi Jinping delivered a New Year speech Monday evening, calling on the whole nation to strive for 'an unprecedented and great cause' in the year 2019, the 70th anniversary of the founding of the People's Republic of China. Chinese people, who are self-reliant, hardworking and enterprising, have created a China miracle recognized by the world, he said, vowing to rely on the people and push forward the cause step by step. FULFILLING 2018 'In 2018, we had a fulfilling and focused year,' Xi said in the speech, summarizing the progress made in 2018, which saw the country's economy stay 'within a reasonable ran...
  • 点击次数: 61
    2018 - 08 - 23
    Editor's note: The Belt and Road Initiative (BRI) has achieved great success in Africa in the past five years, but some voices have accused China of attempting to colonize the continent. Jean Monnet Chair Professor at the Renmin University of China, Wang Yiwei, explains why the BRI is important to Africa in a two-part series. Below is the second part. The article reflects the author's opinion, and not necessarily the views of CGTN.The Belt and Road Initiative (BRI) was initially intended to establish connectivity throughout the Eurasian continent but has now gone beyond to reach Africa and Latin America. The network is a powerful global cooperation platform through the air, land, sea, and the Internet.The first aim of the BRI is to build infrastructure. The world suffers ...
  • 点击次数: 20
    2018 - 08 - 06
    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 construct...
  • 点击次数: 14
    2018 - 07 - 23
    Chinese President Xi Jinping, holds talks with UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi, the United Arab Emirates (UAE), July 20, 2018. (Xinhua/Li Xueren)China and the United Arab Emirates (UAE) on Friday decided to upgrade their bilateral relations to a comprehensive strategic partnership.The decision was made as visiting Chinese President Xi Jinping held talks here with UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan.By lifting their ties, China and the UAE will strengthen their bilateral in-depth cooperation in various fields, and promote continuous development of bilateral ties on ...
  • 点击次数: 12
    2018 - 07 - 20
    China Banking and Insurance Regulatory Commission has signed bilateral memorandums of understanding (MOUs) or exchange notes with the financial supervisory authorities of 32 countries along the Belt and Road routes as of the end of 2017.According to the recently released Sofia Guidelines for Cooperation between China and Central and Eastern European Countries (CEECs), the two sides will “cultivate new drivers for cooperation in science, technology, innovation, finance, green environmental protection, agriculture, energy, forestry and health”, and the participants welcome China and more CEECs signing bilateral MOUs on cooperation related to financial regulation.Up to now, the China Banking and Insurance Regulatory Commission has signed MOUs with financial supervisory authorities in Poland, ...
Copyright ©2016-2021 BeltWay Group Limited
Rhinoceros cloud provides enterprise cloud services
犀牛云提供云计算服务
Mobile phone cloud web site