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Letzte Aktualisierung: May 21, 2021

China builds Egypt's new capital city

China baut Ägyptens neue Hauptstadt.

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.

Where Africa's tallest building, the Iconic Tower, is currently built, there was nothing but the desert only three years ago. Then excavators and other heavy equipment from China's State Construction Engineering Corporation (CSCEC) moved in and began their work. The 585-meter office building is scheduled for completion in January of next year.
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