{"id":645118,"date":"2017-07-12T04:16:52","date_gmt":"2017-07-12T04:16:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/"},"modified":"2017-07-12T04:16:52","modified_gmt":"2017-07-12T04:16:52","slug":"cfld-to-invest-usd-4-bn-over-the-next-four-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/","title":{"rendered":"CFLD to invest USD 4 bn over the next four years"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>INVESTMENT WATCH - China Fortune Land Development Company (CFLD) is at it again and looking to invest USD 4 bn <\/strong>in developments in the New Administrative Capital over the next five years, according to an Ittihadiya statement <a href=\"https:\/\/alborsanews.com\/2017\/07\/11\/1036834\">picked up by Al Borsa<\/a>. This latest wave of mega investments from CFLD will be geared towards developing industrial parks in the new capital, a specialty for the company.<\/p>\n<p><strong>So what exactly is going on with CFLD\u2019s investments?<\/strong> The offer, which was discussed at a meeting between the ministers of investment and housing with President Abdel Fattah El Sisi on Tuesday, <strong>will supposedly bring CFLD\u2019s investments in the new capital to USD 13.5 bn over the next ten years.<\/strong> This would essentially mean that the company may have lowered its projected 10-year investment from USD 20 bn, as we have heard numerous times since the first pledge was announced last year. We\u2019ve heard, <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/16\/cfld-to-invest-usd-20-bn-in-egypt-over-10-years\/\">as recently as last May<\/a>, that the company was still looking to invest the USD 20 bn \u2014 geared towards developing 14,000 feddans in phase 1 of the new capital \u2014 and that it would sign a contract soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH - China Fortune Land Development Company (CFLD) is at it again and looking to invest USD 4 bn in developments in the New Administrative Capital over the next five years, according to an Ittihadiya statement picked up by Al Borsa. This latest wave of mega investments from CFLD will be geared towards developing [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645118","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ab2e0559-a55f-4ced-bca1-fbeffb04bf6b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645111],"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>CFLD to invest USD 4 bn over the next four years - 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\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CFLD to invest USD 4 bn over the next four years\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH - China Fortune Land Development Company (CFLD) is at it again and looking to invest USD 4 bn in developments in the New Administrative Capital over the next five years, according to an Ittihadiya statement picked up by Al Borsa. This latest wave of mega investments from CFLD will be geared towards developing [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-12T04:16:52+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\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CFLD to invest USD 4 bn over the next four years\",\"datePublished\":\"2017-07-12T04:16:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/\"},\"wordCount\":194,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/cfld-to-invest-usd-4-bn-over-the-next-four-years\/\",\"name\":\"CFLD to invest USD 4 bn over the next four years - 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Talks with China Fortune Land Development Company (CFLD) and the government over the contract to develop 14k feddans in phase one of the new administrative capital appear to be at a critical juncture. The city developer sent its final proposal\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":647636,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/cfld-to-invest-usd-20-bn-in-egypt-over-10-years\/","url_meta":{"origin":645118,"position":1},"title":"CFLD to invest USD 20 bn in Egypt over 10 years","author":"enterpriseam admin","date":"16 May 2017","format":false,"excerpt":"China Fortune Land Development (CFLD) plans to invest USD 20 bn in Egypt over the next 10 years, according to an Investment and International Cooperation Ministry press release. The planned investments include projects in the New Administrative Capital in which it will begin a month after the contract for the\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":645280,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/60-40-split-with-govt-on-revenues-from-cflds-developments-in-new-capital\/","url_meta":{"origin":645118,"position":2},"title":"60-40 split with gov\u2019t on revenues from CFLD\u2019s developments in new capital","author":"enterpriseam admin","date":"17 July 2017","format":false,"excerpt":"60-40 split with gov\u2019t on revenues from CFLD\u2019s developments in new capital: Nasr also spoke of China Fortune Land Development Company\u2019s (CFLD) project in the New Administrative Capital, saying that the government will retain 60% of revenues from CFLD\u2019s projects there as part of a revenue sharing agreement with the\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":636138,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/chinas-foreign-direct-investments-in-egypt-grew-75-in-1h2017\/","url_meta":{"origin":645118,"position":3},"title":"China\u2019s foreign direct investments in Egypt grew 75% in 1H2017","author":"enterpriseam admin","date":"21 December 2017","format":false,"excerpt":"China\u2019s foreign direct investments in Egypt grew 75% in 1H2017, said trade and economic attach\u00e9 with the Chinese Embassy Han Peng, according to Al Borsa. He broke down some of this year\u2019s investments (mostly concentrated in the TEDA industrial zone in Ain Sokhna) as such: Jushi invested USD 170 mn\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":626728,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/is-cfld-finally-going-to-sign-its-new-capital-development-contracts\/","url_meta":{"origin":645118,"position":4},"title":"Is CFLD finally going to sign its new capital development contracts?","author":"enterpriseam admin","date":"10 July 2018","format":false,"excerpt":"Is CFLD finally going to sign its new capital development contracts? The China Fortune Land Development Company is ironing out the final details of its contract to develop 15k feddans in phase one of the new administrative capital, Zaki Hashem & Partners Managing Partner Yasser Hashem tells Al Masry Al\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":639327,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/26\/cfld-to-receive-full-approval-to-develop-14000-feddans-in-new-capital-in-november\/","url_meta":{"origin":645118,"position":5},"title":"CFLD to receive full approval to develop 14,000 feddans in new capital in November","author":"enterpriseam admin","date":"26 October 2017","format":false,"excerpt":"Chinese companies continue to tally wins in Egypt: The New Administrative Capital Company for Urban Development (NACCUD) plans to ratify China Fortune Land Development Company\u2019s (CFLD) agreement to develop 14k feddans in phase one of the new capital on 1 November, NACCUD\u2019s chairman Ahmed Zaki announced on Wednesday. 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