China and Egypt sign the agreement for the operation of the Central Business District in Egypt's new administrative capital.

The New Urban Communities Authority of Egypt and the joint venture company Horizon Operations Management Limited recently signed the Urban Operations Execution Agreement for the Central Business District of the New Administrative Capital in Egypt. Egyptian Prime Minister Madbouly, Egyptian Minister of Housing Sherif Shallini, Chinese Vice Minister of Housing and Urban-Rural Development Dong Jianguo, and representatives from China State Construction Engineering Corporation attended the signing ceremony on the 1st.