Head of the new administrative capital Ahmed Zaki Abdin said on Thursday that he is receiving many offers every day from companies and institutions wishing to invest in projects of the new capital.
This came during a closed session within the CI Capital’s 2nd annual MENA Investor Conference. As many as 75 international institutions that manage USD 10-trillion assets are participating in the conference.
Abdin added that the new city will gain great revenues in the future, adding that the project will contribute to rehabilitating thousands of laborers in construction and real estate sectors.
During the session, Abdin reviewed the projects currently being established in the new city. He also reiterated Egypt’s willingness to restore the confidence of regional and international investors in Egypt’s economy. (MENA)
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