#CSCEC
Chinese banks are set to finance New Egypt Capital's Tower District that is being developed by the China State Construction Engineering Corporation (CSCEC) as part of Egypt’s new administrative capital mega project. The banks to finance about 85 percent - or $US 3 billion - to cover the expenses of the tower district while Egypt’s Housing Ministry to cover the rest of the costs. The tower district is expected to include 20 high rise buildings and a 385-meter-tower which is expected to be…
