Egypt’s state-owned construction firm Arab Contractors (AC) and the country’s Concord for Engineering and Construction have been charged with executing a bunch of utilities works in New Mansoura City.
The state’s New Urban Communities Authority (NUCA) has mandated these works to the two companies, at a total cost ranging between five billion Egyptian pounds ($279.1 million) and six billion Egyptian pounds ($335 million), said Concord’s chairman Ahmed Elabd on Sunday.
“The anticipated infrastructure works will be carried out on a space of 10,000 feddans in New Mansoura City, at a cost estimated at around six billion pounds,” Elabd further told Amwal Al Ghad.
In August 2017, Egyptian President Abdel Fattah al-Sisi issued a decree establishing a new city in Mansoura, 128 km (79.5 miles) north of Cairo in the Nile Delta.
The decree approved the re-allocation of 5,104 feddans or 21.4 million square metres of the state-owned lands to the New Urban Communities Authority to be used in establishing a new urban community, the New Mansoura City.
New Mansoura is expected to have more than 150,000 housing units for around 680,000 citizens. The city is set to include touristic housing, villas, and medium-income and social housing as well as regional university and technological industrial development zones.
