Egypt allocates LE25 billion for New al-Alamein projects in the new fiscal year ...Egypt

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The New Urban Communities Authority has allocated LE25 billion for New al-Alamein city projects during fiscal year 2021/2022, which will start in July. The Deputy Minister of Housing for National Projects Khaled Abbas told Al-Masry Al-Youm that the cost of the new towers, which is being implemented with the Chinese company CSCEC, amounts to LE30 billion. He said that the ministry is accelerating its pace to complete the first phase of New al-Alamein city developmental project, adding that in the coming months, the ministry will lay the foundations for the new projects. Abbas’s statements came on the sidelines of a tour organized by the ministry in New al-Alamein city on Saturday, which saw t

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Egypt allocates LE25 billion for New al-Alamein projects in the new fiscal year ...Egypt

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