{"id":641633,"date":"2017-09-27T03:59:44","date_gmt":"2017-09-27T03:59:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/"},"modified":"2017-09-27T03:59:44","modified_gmt":"2017-09-27T03:59:44","slug":"government-asks-contractors-to-submit-thorough-plans-for-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/","title":{"rendered":"Government asks contractors to submit thorough plans for New Capital"},"content":{"rendered":"<p>The New Administrative Capital for Urban Development asked Egyptian and Arab firms interested in developing land in the New Administrative Capital to submit detailed technical and financial presentations for consideration before any allocations take place, <a href=\"https:\/\/alborsanews.com\/2017\/09\/26\/1053714\">company sources told Al Borsa<\/a>. The company met with contractors over the past week and asked for the thorough plans regarding land selection and intended investments. Standards for selecting winning bids will consider the importance of the intended investment, previous experience, value of the area after investment and the timeframe for payment and completion. The first phase of the new city is already being negotiated with contractors for investment. The move comes amid concerns that the government had been prioritizing foreign (and particularly Chinese) firms in the city\u2019s development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New Administrative Capital for Urban Development asked Egyptian and Arab firms interested in developing land in the New Administrative Capital to submit detailed technical and financial presentations for consideration before any allocations take place, company sources told Al Borsa. The company met with contractors over the past week and asked for the thorough plans [&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-641633","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"f5f81a4c-38e3-4f60-a799-943d16e92f50","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[641601],"teaser":"","voice_url":""},"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>Government asks contractors to submit thorough plans for New Capital - 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\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government asks contractors to submit thorough plans for New Capital\" \/>\n<meta property=\"og:description\" content=\"The New Administrative Capital for Urban Development asked Egyptian and Arab firms interested in developing land in the New Administrative Capital to submit detailed technical and financial presentations for consideration before any allocations take place, company sources told Al Borsa. The company met with contractors over the past week and asked for the thorough plans [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-27T03:59:44+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government asks contractors to submit thorough plans for New Capital\",\"datePublished\":\"2017-09-27T03:59:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\"},\"wordCount\":135,\"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\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\",\"name\":\"Government asks contractors to submit thorough plans for New Capital - 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A lack of transparency in tendering land to developers on the New Administrative Capital is driving away foreign private sector companies interested in\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":634663,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/","url_meta":{"origin":641633,"position":3},"title":"New Capital Company to stop tendering land for 18 months","author":"enterpriseam admin","date":"21 January 2018","format":false,"excerpt":"The New Administrative Capital Company has decided to stop tendering land intended for residential mixed-use developments at the new capital for the next 18 months, government sources tell Al Borsa. 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