The Egyptian Federation for Construction and Building Contractors (EFCBC) is set to compile a list of contractors nominated to bid for work on the proposed Capital City project.
A spokesperson from the Housing Ministry previously told MEED that the list will be compiled in cooperation with the EFCBC and the master developer of the scheme The Administrative Capital City for Urban Development, which was formed earlier this year.
At a press conference in Cairo the head of the EFBC said that the list will include companies operating in different fields of construction, utilities and housing.
The local Hassan Allam Construction started work on infrastructure for the first phase of the New Capital City earlier this year. The company was appointed as part of a joint venture with the local Orascom Construction to carry out water, sewerage, electrical and road infrastructure for 3 million square metres of the city, according to a company statement.
In March, MEED reported that Hassan Allam had started work on $783m-worth of schemes in the New Capital City.
The engineering, procurement and construction (EPC) contracts were directly negotiated with the Ministry of Housing, Utilities & Urban Development.
It is understood the local firm is working on 60 kilometres of roads, a 500-room hotel and a 20,000-seat conference hall.
Cairo-based Arab Contractors is also carrying out several infrastructure and road projects in the area.
Egypts New Capital City project, which was announced during the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh in March last year, has been central to the governments promises to improve living standards and press ahead with major housing, infrastructure and transport schemes.