{"id":28405,"date":"2016-10-04T02:58:52","date_gmt":"2016-10-03T19:58:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-company-to-spend-us20-billion-on-egypts-new-capita\/"},"modified":"2016-10-04T03:12:28","modified_gmt":"2016-10-03T20:12:28","slug":"chinese-company-to-spend-us20-billion-on-egypts-new-capita","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-company-to-spend-us20-billion-on-egypts-new-capita\/","title":{"rendered":"Chinese company to spend US$20 billion on Egypt\u2019s new capita"},"content":{"rendered":"<p>&#013;<br \/>\nChina Fortune Land Development Co. Ltd. (CFLD) has signed a deal to develop and manage 14,000 acres (5,700 hectares) of Egypt\u2019s new administrative capital at a cost of US$20 billion, the Egyptian cabinet said in a statement on Monday.<br \/>\nThe development, which will include homes and offices and all relevant infrastructure, will take place in the second phase of construction of the new capital east of Cairo.<br \/>\nThe new capital is one of a series of mega-projects announced by President Abdel&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/news\/china\/economy\/article\/2024798\/chinese-company-spend-us20-billion-egypts-new-capita\" target=\"_blank\">Chinese company to spend US billion on Egypt\u2019s new capita<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Fortune Land Development Co. Ltd. (CFLD) has signed a deal to develop and manage&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-28405","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7o9","jetpack-related-posts":[{"id":4007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/egypts-palm-hills-reports-128-rise-in-q4-profit\/","url_meta":{"origin":28405,"position":0},"title":"Egypt&#039;s Palm Hills reports 128% rise in Q4 profit","date":"February 7, 2016","format":false,"excerpt":"\r \r Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a 128 per cent rise in fourth-quarter net profit to 203.5 million Egyptian pounds from 89.2m pounds in the same period in 2014.The company posted a 192 per cent rise in net profit of 1.03 billion pounds for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/air-arabia-abu-dhabi-launches-direct-flights-to-egypts-assiut\/","url_meta":{"origin":28405,"position":1},"title":"Air Arabia Abu Dhabi launches direct flights to Egypt\u2019s Assiut","date":"September 16, 2025","format":false,"excerpt":"\r With Assiut added to its network, Air Arabia Abu Dhabi now connects the UAE capital with three Egyptian cities\r \r Source : arabianbusiness.com\r Read more...Air Arabia Abu Dhabi launches direct flights to Egypt\u2019s Assiut","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/09\/Air-Arabia-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":37213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-impact-might-chinas-capital-controls-have-on-global-property\/","url_meta":{"origin":28405,"position":2},"title":"What impact might China\u2019s capital controls have on global property?","date":"December 6, 2016","format":false,"excerpt":"\r 3 possible scenarios to look out for Passenger train at the Beijing Capital International Airport. chinahbzyg\/Shutterstock China is renewing its campaign to constrict capital outflows. The mainland is abuzz with speculation that Beijing will deepen its scrutiny of outbound investments. Real estate deals totaling more than USD1 billion will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161892,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gulf-money-fuels-egypt-real-estate-with-uae-saudi-leading-1-4-bn-inflows\/","url_meta":{"origin":28405,"position":3},"title":"Gulf money fuels Egypt real estate with UAE, Saudi leading $1.4 bn inflows","date":"October 1, 2025","format":false,"excerpt":"\r Foreign capital is pouring into Egypt\u2019s housing market as Cairo pushes its most ambitious development agenda in decades\r \r Source : arabianbusiness.com\r Read more...Gulf money fuels Egypt real estate with UAE, Saudi leading .4 bn inflows","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Abu-Dhabi-Modon-Egypt-Ras-El-Hekma-1000x672-1.jpg?fit=1000%2C672&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/egypts-palm-hills-aims-to-set-up-shop-in-dubai\/","url_meta":{"origin":28405,"position":4},"title":"Egypt&#039;s Palm Hills aims to set up shop in Dubai","date":"May 14, 2016","format":false,"excerpt":"\r The Egyptian developer Palm Hills Development is planning to set up a base in Dubai.The company confirmed that its board has given the green light to establish a Dubai-based company, which will be used for \"any potential future project\/investment opportunity outside Egypt\".However, it declined to comment on future plans,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4081,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-schemes-help-egypts-palm-hills-to-break-sales-and-profit-records\/","url_meta":{"origin":28405,"position":5},"title":"New schemes help Egypt&#039;s Palm Hills to break sales and profit records","date":"February 7, 2016","format":false,"excerpt":"\r \r The Egyptian developer Palm Hills said property sales increased by 61 per cent last year to 6.3 billion Egyptian pounds (Dh2.95bn), surpassing a previous record of 5.5bn pounds set back in 2010.The company said that the growth in sales was a result of strong demand for new schemes\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28405"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=28405"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28405\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=28405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=28405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=28405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}