{"id":627769,"date":"2018-06-11T03:42:19","date_gmt":"2018-06-11T03:42:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/"},"modified":"2018-06-11T03:42:19","modified_gmt":"2018-06-11T03:42:19","slug":"cscec-begins-talks-to-subcontract-development-of-new-capital-business-district","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/","title":{"rendered":"CSCEC begins talks to subcontract development of new capital business district"},"content":{"rendered":"<p>Redcon Construction is in talks with the China State Construction Engineering Company (CSCEC) to take part in the development of the new administrative capital\u2019s business district, Redcon head of projects <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=10062018&id=b9989dfc-d07e-40ad-a751-2802e832b244\">Amr Badawi tells Al Shorouk.<\/a> CSCEC, which signed the contracts to develop the district early this year, plans to spend <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/14\/cscec-invests-usd-3-bn-in-development-of-business-district-in-new-capital\/\">USD 3 bn<\/a> on the project. CSCEC is currently negotiating offers with other Egyptian contracting companies, Badawi adds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Redcon Construction is in talks with the China State Construction Engineering Company (CSCEC) to take part in the development of the new administrative capital\u2019s business district, Redcon head of projects Amr Badawi tells Al Shorouk. CSCEC, which signed the contracts to develop the district early this year, plans to spend USD 3 bn on the [&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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627769","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"fef7e3f7-d7b3-46b6-bdad-bcfdc271fd42","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"CSCEC begins talks to subcontract development of new capital business district","related_issue":[627736],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.fa764b1d-981f-40fe-bd30-5300a40cd5f7.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>CSCEC begins talks to subcontract development of 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\/06\/11\/cscec-begins-talks-to-subcontract-development-of-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=\"CSCEC begins talks to subcontract development of new capital business district\" \/>\n<meta property=\"og:description\" content=\"Redcon Construction is in talks with the China State Construction Engineering Company (CSCEC) to take part in the development of the new administrative capital\u2019s business district, Redcon head of projects Amr Badawi tells Al Shorouk. CSCEC, which signed the contracts to develop the district early this year, plans to spend USD 3 bn on the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-11T03:42:19+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\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CSCEC begins talks to subcontract development of new capital business district\",\"datePublished\":\"2018-06-11T03:42:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/\"},\"wordCount\":79,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/\",\"name\":\"CSCEC begins talks to subcontract development of new capital business district - 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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":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":627769,"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 finance the construction of the business district of the new administrative capital, the bank said\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634357,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/14\/cscec-invests-usd-3-bn-in-development-of-business-district-in-new-capital\/","url_meta":{"origin":627769,"position":3},"title":"CSCEC invests USD 3 bn in development of business district in new capital","author":"enterpriseam admin","date":"14 January 2018","format":false,"excerpt":"CSCEC invests USD 3 bn in development of business district in new capital: We finally appear to have a price tag for China State Construction Engineering Company\u2019s (CSCEC) work in the new capital, as the company is putting in USD 3 bn in developing the business district. The construction giant\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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":627769,"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 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":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":627769,"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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