Housing Minister, China’s CGCOC agree to establish New Alamein industrial zone

The New Urban Communities Authority (NUCA) signed an MoU yesterday with Chinese construction firm CGCOC Group that will see them establish an industrial zone in New Alamein City, Al Masry Al Youm reports. Housing Minister Mostafa Madbouly said the project, whose investment value was not disclosed, would follow environmentally-friendly standards and rely on renewable energy sources.