El Sisi, Chinese builder to ink contracts in September for development of new capital’s second phase: President Abdel Fattah El Sisi will sign in September contracts for the construction of the second phase of the new administrative capital with China State Construction Engineering Company (CSCEC), Prime Minister Mostafa Madbouly said, Al Masry Al Youm reports. According to Madbouly, El Sisi will ink the agreement with CSEC during a trip to Beijing next month to attend the Forum on China-Africa Cooperation. Madbouly did not disclose the expected investment value or timeline for the development of the second phase. CSEC is expected to complete the USD 3 bn first phase of the district, which it signed for last October, within two years.

New capital airport to be larger than Cairo Int’l? El Sisi ordered that the new administrative capital’s airport to be larger than Cairo International Airport, said Civil Aviation Minister Younes El Masry on Thursday, according to Youm7. The airport will be located east of the new capital, a location selected due to its proximity to the Suez Canal Economic Zone ports, the head of the New Administrative Capital Company for Urban Development Zaki Abdin tells the newspaper.