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ELSherbiny visits Shanghai's CBD in China

فريق رجال الأعمال news 20 April 2025 01:01 PM
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ELSherbiny visits Shanghai's CBD in China

Egypt's Minister of Housing, Sherif El-Sherbiny, paid a visit to China to examine Shanghai's central business district, seeking best practices for the upcoming CBD in Egypt's New Administrative Capital. Accompanied by ministry officials and CSCEC representatives, he toured the million-square-meter project.

His visit included inspecting management and operation systems of the mixed-use development, including commercial, residential, and transport links. CSCEC briefed the minister on the $4.2 billion project, highlighting its administrative tower, shopping centers, and green spaces.

El-Sherbiny reviewed operation, maintenance, and marketing strategies, and inquired about sales, rental prices, and safety systems. He also visited the central control room showcasing comprehensive surveillance technology.

The minister toured the 230-meter administrative tower and viewed a presentation on the CBD's development, noting the similarity of surrounding gardens to the New Capital's "Green River."

He also explored the "Uni Elite" commercial and cultural complex within the CBD, a major project with over 300 stores and a 95% occupancy rate since its 2023 opening.