Jeanne Gorin

This study analyzes relations between China and Egypt through a case study of the New Administrative Capital (NAC), one of the 2020s biggest projects in Egypt in term of its economic scale (creation of a huge market) and its political stakes (relocation of all the government’s institutions). Chinese state-owned companies have expressed an interest in investing in both transportation and the residential and administrative sectors. In all, China has committed to a total investment of twenty billion dollars for projects in relation with the NAC. The CBD is the first project of CSCEC in Egypt (alongside New Alamein City on the Noarth Coast) with a four billion dollar loan for the construction of eighteen towers, including the Iconic Tower, which is now the highest tower in Africa. Chinese interest in the NAC is not surprising, since one of the ideas behind the creation of the New Capital is to extend the Cairo metropolis towards the Red Sea and the Suez Canal strategic zone, which is located on the maritime route of the Chinese Belt and Road Initiative.