Egypt approves six new contracts for NAC ‘Green River’ project

The Madbouly Cabinet has agreed to contract six companies to develop the “Green River” project in the new administrative capital (NAC), a Housing Ministry official told Al Shorouk. The companies are: Orascom Construction, Talaat Moustafa Group, Arab Contractors, Hassam Allam Sons, Redcon Construction and Petrojet. The New Urban Communities Authority had awarded Al Marasem an EGP 860 mn contract to develop 100 feddans in the same project, which is expected to include public parks and shopping centers as well as hotels.