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Published on: 21. May 2021

China builds Egypt's new capital city

191211 -- BEIJING, Dec. 11, 2019 -- Photo taken on Dec. 10, 2019 shows the construction site of the Central Business District CBD in New Administrative Capital, Egypt. Egyptian and Chinese officials hailed on Tuesday the progress in co-building massive skyscrapers in Egypt s new administrative capital. At the construction site, 50 km east of the Egyptian capital Cairo, China State Construction Engineering Corporation CSCEC marked the progress with Egyptian partners in a ceremonial conference attended by officials from the Egyptian Housing Ministry and the Chinese embassy in Cairo. XINHUA PHOTOS OF THE DAY WuxHuiwo PUBLICATIONxNOTxINxCHN
China is investing a lot of money in the construction of a new Egyptian capital city. With this, Beijing is securing political influence. Additionally, investments in one of the fastest-growing economies should also pay off financially.

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Last updated: 24. July 2025
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