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The administrative capital is the nucleus of the economy of Egypt


Dr. Abdel Moneim El-Sayed, Director of the Egyptian Center for Thought and Strategic Studies, confirmed that President Abdel Fattah El-Sisi’s follow-up to the administrative capital’s projects is a follow-up to what is happening on the ground and the volume of work and achievement that is largely done in the Administrative Capital.

Al-Sayed added during an interview with Extra News that the presence of President Al-Sisi motivates planners and workers to accomplish faster, especially since by June 30 this year there will be a partial transition to the government, companies and banks.

The director of the Egyptian Center for Thought and Strategic Studies continued that the new administrative capital project was born in March 2015, stressing that it would be built on an area of ​​170 thousand feddans and 714 million cubic meters.

El-Sayed pointed out that this project is one of the most important investment projects in the Egyptian real estate development, and that it gave birth to the Egyptian economy in a big way, and achieved higher growth rates and a civilizational shift for the Egyptian state.