Egypt: Housing Minister - Construction Works At Nac's CBD About to Be Finalized

Housing Minister Essam el Gazzar said on Sunday 10/1/2021 that 53 floors of the Iconic Tower, Africa's tallest building with a height of about 400 meters, have been finalized and fronts of other towers are currently under construction in the Central Business District (CBD) at the New Administrative Capital.

In statements, Gazzar said investments of the CBD are estimated at $ 3 billion and are being implemented in cooperation between the Ministry of Housing's New Urban Communities Authority and the Chinese contracting giant CSCECO.

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