NACC sells new capital business district land to NUCA at EGP 10k per sqm

The New Administrative Capital Company (NACC) has priced the land it sold to the New Urban Communities Authority (NUCA) in the new capital’s business district at EGP 10k per sqm, sources told Al Mal. China State Construction Engineering Company is the main contractor NUCA hired to develop the business district, in which the company is investing USD 3 bn.