Al-Sisi lays first stone of New Ad­min­is­tra­tive Cap­i­tal


The Daily News Egypt - - Front Page - By Mo­ham­mad Dar­wish

Pres­i­dent Ab­del Fat­tah Al-Sisi laid the first stone of the New Ad­min­is­tra­tive Cap­i­tal pro­ject in East Cairo, with an area of 170,000 fed­dans, of which the first phase ac­counts for 40,000 fed­dans.

Al-Sisi said in his speech dur­ing the launch­ing cer­e­mony that the New Ad­min­is­tra­tive Cap­i­tal comes in the frame­work of the state com­pre­hen­sive devel­op­ment plan, stress­ing that the gov­ern­ment works on sev­eral national projects si­mul­ta­ne­ously.

He added that the plan­ning model of the New-Ad­min­is­tra­tive Cap­i­tal is sim­i­lar to other new cities im­ple­mented by the gov­ern­ment in Up­per Egypt and coastal ar­eas.The ur­ban devel­op­ment projects aim to pre­vent ran­dom hous­ing and pro­vide ad­e­quate hous­ing for all cit­i­zens, said the pres­i­dent.

Min­is­ter of Hous­ing Mostafa Mad­bouly said the New Ad­min­is­tra­tive Cap­i­tal pro­ject rep­re­sents a boom in the con­struc­tion sec­tor, es­pe­cially that the 2052 ur­ban devel­op­ment plan aims to in­crease the ur­ban area in Egypt from 7% to 14%. He added that there are 230 cities in Egypt,in­clud­ing 20 new cities built by the New Ur­ban Com­mu­ni­ties Author­ity (NUCA) in­hab­ited by 7 mil­lion peo­ple equiv­a­lent to 7% of the ur­ban pop­u­la­tion.

The New Ad­min­is­tra­tive Cap­i­tal is lo­cated in the area be­tween the CairoSuez and Cairo-Ain Sokhna roads just east of the regional ring road.This is roughly 60 km from the cities of Suez and Ain Sokhna.

Ac­cord­ing to the min­is­ter, Cairo’s to­tal area is es­ti­mated at 95,000 fed­dans, while the Ad­min­is­tra­tive Cap­i­tal will be built on an area of 170,000 fed­dans, in­clud­ing 20 res­i­den­tial ar­eas ex­pected to ac­com­mo­date 6.5 mil­lion peo­ple and a roads net­work of 650 km length.The cap­i­tal will have an in­ter­na­tional air­port and elec­tric train to link it with the 10th of Ra­madan and El-Salam cities.

Chair­per­son of the New Ad­min­is­tra­tive Cap­i­tal for Ur­ban Devel­op­ment Ah­mad Zaki Ab­deen said that the com­pany re­ceived re­quests from sev­eral in­vestors to pur­chase land in the new cap­i­tal for the es­tab­lish­ment of res­i­den­tial and com­mer­cial projects.

The first round of in­vest­ment land in the ad­min­is­tra­tive cap­i­tal achieved sales of EGP 10bn, dis­trib­uted over seven plots on an area of 950 fed­dans.

Talaat Moustafa Group won a piece of 500 fed­dans and Egypt-Italy on a piece of 200 fed­dans, be­sides five companies got five plots with an area of 50 fed­dans for the plot.

Ab­deen ex­plained that the com­pany has fin­ished plan­ning res­i­den­tial neigh­bor­hood R7 and R8 with a to­tal area of 5,000 fed­dans and will be­gin im­ple­men­ta­tion dur­ing the com­ing pe­riod in co­op­er­a­tion with in­vestors.

He said that the com­pany met with rep­re­sen­ta­tives of the banks op­er­at­ing in Egypt to study their re­quests for land within the area of banks and the es­tab­lish­ment of new branches.

He added that the area of the em­bassies is 1,484 fed­dans, and the Min­istry of For­eign Af­fairs is co­or­di­nat­ing to al­lo­cate land for them.

He said that a potable wa­ter de­sali­na­tion plant would be im­ple­mented in Ain Sokhna to rep­re­sent the main source of wa­ter in the cap­i­tal with a ca­pac­ity of 650,000 cu­bic me­tres per day. It also needs about 6,000 MW of elec­tric power, and part of it will be pro­vided through the ad­min­is­tra­tive cap­i­tal sta­tion, Mega.

The Ad­min­is­tra­tive Cap­i­tal will be built on an area of 170,000 fed­dans, in­clud­ing 20 res­i­den­tial ar­eas ex­pected to ac­com­mo­date 6.5 mil­lion peo­ple

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