Egypt’s new administrative capital, 4th stage of new cities to catalyse construction over medium term: OBG

Egypt’s new administrative capital, 4th stage of new cities to catalyse construction over medium term: OBG

The intensive investment in energy and transport infrastructure is paving the way for export-focused industrial expansion and the development of new urban centres, according to the report







Doaa A.Moneim

, Monday 31 Aug 2020







Construction machines and labourers work at the future headquarters of Presidential buildings in the New Administrative Capital (NAC) east of Cairo, Egypt May 2, 2019. Picture taken May 2, 2019. (Photo: Reuters)













Egypt's New Administrative Capital and the fourth stage of new Egyptian cities are expected to stimulate the construction sector in the country over the medium term, Oxford Business Group (OBG) said in a new report released on Monday.

The new cities are being established in Cairo, Giza, Dakahliya, Beheira,