{"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":575910,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/03\/hsbc-participates-in-usd-2-2-bn-loan-for-new-capital-business-district\/","url_meta":{"origin":623243,"position":2},"title":"HSBC participates in USD 2.2 bn loan for New Capital Business District","author":"enterpriseam admin","date":"3 November 2020","format":false,"excerpt":"DEBT WATCH- China State Construction locks down USD 2.2 bn loan with HSBC, others\u00a0 for new capital business district: HSBC participated in a USD 2.2 bn loan to China State Construction Engineering Corporation (CSCEC) to 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business and financial district of the new administrative capital,according to Mubasher.","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"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":4},"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 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