{"id":320981,"date":"2021-02-08T09:13:30","date_gmt":"2021-02-08T09:13:30","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=320981"},"modified":"2021-02-09T09:18:46","modified_gmt":"2021-02-09T09:18:46","slug":"chinas-cscec-signs-contract-to-design-execute-5-residential-towers-in-egypts-new-alamein","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/02\/08\/chinas-cscec-signs-contract-to-design-execute-5-residential-towers-in-egypts-new-alamein\/","title":{"rendered":"China\u2019s CSCEC signs contract to design, execute 5 residential towers in Egypt\u2019s New Alamein"},"content":{"rendered":"<p>China State Construction Engineering Corporation (CSCEC) has signed on Monday a design and execution contract to start construction of five residential towers in New Alamein on the Mediterranean coast.<\/p>\n<p>CSCEC signed the contract with Egypt&#8217;s New Urban Communities Authority (NUCA), a government housing body.<\/p>\n<p>Egyptian Housing Minister Assem El-Gazzar along with Egyptian Ambassador to China, Mohamed El Badry; Chinese Ambassdor to Cairo, Liao Liqiang; and Chinese Minister Plenipotentiary Xiao Junzheng have witnessed the signing of the contract through a videoconference.<\/p>\n<p>The contract will see the design and execution of five fully-finished residential towers with services, overlooking an artificial lake, Minister El-Gazzar said in a statement.<\/p>\n<p>The project includes an iconic 68-storey, 250-metre-high tower with a total surface area of \u200b\u200b465,000 sqm, set to be developed over a timeframe of 45 months.<\/p>\n<p>For the remaining four towers, they will be 200-metre-high each, or 56-storey, with a total surface area of \u200b\u200b320,000 sqm, set to be developed over a timeframe of 39 months, and are similar to towers of the Central Business District at Egypt\u2019s new administrative capital.<\/p>\n<p>The construction of the towers will be self-financed from NUCA\u2019s resources, with an agreement undertaken for CSCEC to pay their dues in local currency, the minister added.<\/p>\n<p>China\u2019s Ambassador Liao Liqiang said the Egyptian government has made in recent years great efforts in urban development and the establishment of new cities.<\/p>\n<p>China State Construction Engineering Corporation (CSCEC) signed the contract through a videoconference in Cairo on Monday, February 8, 2021.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-320983 aligncenter\" src=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/02\/CSCEC-Egypt-2.jpg?resize=342%2C228&#038;ssl=1\" alt=\"\" width=\"342\" height=\"228\" srcset=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/02\/CSCEC-Egypt-2.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/02\/CSCEC-Egypt-2.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2021\/02\/CSCEC-Egypt-2.jpg?w=960&amp;ssl=1 960w\" sizes=\"auto, (max-width: 342px) 100vw, 342px\" \/><\/p>\n<p>China State Construction Engineering Corporation (CSCEC) signed the contract through a videoconference in Cairo on Monday, February 8, 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China State Construction Engineering Corporation (CSCEC) has signed on Monday a design and execution contract to start construction of five residential towers in New Alamein on the Mediterranean coast.<\/p>\n","protected":false},"author":4,"featured_media":320982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[248],"class_list":["post-320981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-cscec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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