{"id":623243,"date":"2018-10-23T12:59:07","date_gmt":"2018-10-23T12:59:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/"},"modified":"2018-10-23T12:59:07","modified_gmt":"2018-10-23T12:59:07","slug":"local-developers-to-work-alongside-cscec-in-new-capital-business-district","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/","title":{"rendered":"Local developers to work alongside CSCEC in new capital business district"},"content":{"rendered":"<p>Three local companies \u2014 Redcon Construction, El Nasr General Contracting, and Dorra Real Estate Development Group \u2014 are close to inking contracts with China State Construction Engineering Company (CSCEC) to develop parts of the new administrative capital\u2019s business district, a source from one of the companies said, according to Amwal Al Ghad. Other local companies are also reportedly eyeing cooperating with CSCEC on the development. CSCEC, which is <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/14\/cscec-invests-usd-3-bn-in-development-of-business-district-in-new-capital\/\">investing USD 3 bn<\/a> in the business district, began talks <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/\">in June<\/a> to subcontract its projects in the district.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three local companies \u2014 Redcon Construction, El Nasr General Contracting, and Dorra Real Estate Development Group \u2014 are close to inking contracts with China State Construction Engineering Company (CSCEC) to develop parts of the new administrative capital\u2019s business district, a source from one of the companies said, according to Amwal Al Ghad. Other local companies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[5094,72,875,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623243","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-china-state-construction-engineering-company","tag-enterpriseam","tag-new-administrative-capital","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"001496dd-3d10-42cd-8557-206dac5f995d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Local developers to work alongside CSCEC in new capital business district","related_issue":[623214],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.dfd949c3-ada3-41a7-81c8-3f0337ed887d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Local developers to work alongside CSCEC in new capital business district - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Local developers to work alongside CSCEC in new capital business district\" \/>\n<meta property=\"og:description\" content=\"Three local companies \u2014 Redcon Construction, El Nasr General Contracting, and Dorra Real Estate Development Group \u2014 are close to inking contracts with China State Construction Engineering Company (CSCEC) to develop parts of the new administrative capital\u2019s business district, a source from one of the companies said, according to Amwal Al Ghad. Other local companies [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-23T12:59:07+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Local developers to work alongside CSCEC in new capital business district\",\"datePublished\":\"2018-10-23T12:59:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/\"},\"wordCount\":96,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"China State Construction Engineering Company\",\"EnterpriseAM\",\"new administrative capital\",\"real estate\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/23\/local-developers-to-work-alongside-cscec-in-new-capital-business-district\/\",\"name\":\"Local developers to work alongside CSCEC in new capital business district - 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CSCEC, which signed the contracts to develop the district early this year, plans to spend\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573614,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/","url_meta":{"origin":623243,"position":1},"title":"China\u2019s CSCEC to build mixed-use complex in south side of Egypt\u2019s New Alamein","author":"enterpriseam admin","date":"11 August 2020","format":false,"excerpt":"China State Construction Engineering Corporation (CSCEC) will build a mixed-use complex in the southern region of New Alamein planned to be a tourist attraction, cabinet spokesman Nader Saad said, according to Al Mal. CSCEC, the world\u2019s largest construction outfit by revenue, is also investing USD 3 bn in the new\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651232,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/administrative-capital-company-fails-to-reach-agreement-with-cscec-on-government-block\/","url_meta":{"origin":623243,"position":2},"title":"Administrative Capital Company fails to reach agreement with CSCEC on government block","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"The Administrative Capital for Urban Development Company will build the government block using Egyptian contractors after failing to reach an agreement with the China State Construction Engineering Corporation (CSCEC), Chairman Ayman Ismail tells Al Masry Al Youm.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650120,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/okay-seriously-what-is-the-status-of-the-contract-with-cscec-and-the-new-capital\/","url_meta":{"origin":623243,"position":3},"title":"Okay, seriously, what is the status of the contract with CSCEC and the new capital?","author":"enterpriseam admin","date":"16 March 2017","format":false,"excerpt":"Administrative Capital for Urban Development Company head Ayman Ismail offered no clear answer on whether the China State Construction and Engineering Company (CSCEC) has backed out of the New Administrative Capital. Calling on our resident team of 8,000-year-old mystics and mind readers, the most logical interpretation we could offer is\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":654437,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/cscec-subsidiary-inks-agreement-to-operate-new-capitals-business-district\/","url_meta":{"origin":623243,"position":4},"title":"CSCEC subsidiary inks agreement to operate new capital\u2019s business district","author":"enterpriseam admin","date":"3 November 2024","format":false,"excerpt":"The agreement will see the consortium take over the operations of the district once construction is complete","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/59.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628161,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/zaki-hashem-served-as-legal-advisor-to-cscec-on-new-capital-business-district-development\/","url_meta":{"origin":623243,"position":5},"title":"Zaki Hashem served as legal advisor to CSCEC on new capital business district development","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"Zaki Hashem & Partners served as legal advisor to China State Construction Engineering Company (CSCEC) on the company\u2019s USD 3 bn contract to develop the business district of the new administrative capital, Al Masry Al Youm reports. 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