{"id":650120,"date":"2017-03-16T04:05:06","date_gmt":"2017-03-16T04:05:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/okay-seriously-what-is-the-status-of-the-contract-with-cscec-and-the-new-capital\/"},"modified":"2017-03-16T04:05:06","modified_gmt":"2017-03-16T04:05:06","slug":"okay-seriously-what-is-the-status-of-the-contract-with-cscec-and-the-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/okay-seriously-what-is-the-status-of-the-contract-with-cscec-and-the-new-capital\/","title":{"rendered":"Okay, seriously, what is the status of the contract with CSCEC and the new capital?"},"content":{"rendered":"<p>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 this: The company has indeed pulled out of its agreement to work on phase one of the new administrative capital and is renegotiating its role in the project. Ismail reiterated at the Egypt Builders Conference that Egyptian companies will take the lead on the development of the new capital and that 16 developers have presented offers, according to what may be the worst press release ever written.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 this: The company has indeed [&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-650120","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"1728847f-978d-4d46-8180-5dc020191a1b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650088],"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>Okay, seriously, what is the status of the contract with CSCEC and the 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\/03\/16\/okay-seriously-what-is-the-status-of-the-contract-with-cscec-and-the-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Okay, seriously, what is the status of the contract with CSCEC and the new capital?\" \/>\n<meta property=\"og:description\" content=\"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. 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capital\u2019s business district, a source from one of the companies said, according to Amwal\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":627769,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/cscec-begins-talks-to-subcontract-development-of-new-capital-business-district\/","url_meta":{"origin":650120,"position":2},"title":"CSCEC begins talks to subcontract development of new capital business district","author":"enterpriseam admin","date":"11 June 2018","format":false,"excerpt":"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 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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":638723,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/president-el-sisi-inaugurates-the-first-phase-development-of-the-new-capital\/","url_meta":{"origin":650120,"position":3},"title":"President El Sisi inaugurates the first phase development of the new capital","author":"enterpriseam admin","date":"12 October 2017","format":false,"excerpt":"President Abdel Fattah El Sisi inaugurated the first phase of the newadministrative capital yesterday. 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