PM: NAC’s Central Business District to be important destination for int’l firms

  • Date: 08-Oct-2023
  • Source: Egypt Independent
  • Sector:Technology
  • Country:Egypt
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PM: NAC’s Central Business District to be important destination for int’l firms

The Central Business District in the New Administrative Capital will become one of the most important destinations aiming at attracting international firms to open their headquarters in Egypt and providing job opportunities for Egyptian youth, Prime Minister Mostafa Madbouly said Saturday 07/10/2023.

“On behalf of President Abdel Fattah al-Sisi, I had the honour of opening the conference of the Islamic Educational, Scientific and Cultural Organization (ISESCO), during which we highlighted the Egyptian efforts in related areas, especially empowering Egyptian youth, as well as the vision set by President Sisi regarding grants, scholarships and innovators fund for the entire Islamic world,” a statement by the Cabinet quoted Madbouli as saying.

Following the opening ceremony, the premier toured sites of projects of NAC’s Central Business District.

“We have come a long way in implementing the Central Business District project, which is expected to be completed soon,” Madbouli said.

He described the achievement as great, given that the New Administrative Capital was just a worthless desert less than seven years ago.