China’s CSCEC seals deal to implement Alamein Crystal Lagoons project in Egypt

Updated 10/30/2023 8:05:00 AM
China’s CSCEC seals deal to implement Alamein Crystal Lagoons project in Egypt

Arab Finance: The Egyptian New Urban Communities Authority (NUCA) has signed a contract with China State Construction Engineering Corporation (CSCEC) to design and execute Al Alamein Crystal Lagoons project in New Alamein City, as per a statement.

The project will increase the value of the surrounding lands, lure further investments, and create more job opportunities, Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said.

Located at the heart of the currently being established Downtown Towers project, Al Alamein Crystal Lagoons comprises seven islands and a tourist walkway, he added.

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