Egyptian authorities are set to build a new administrative capital preliminarily named the Cairo Capital. Construction is slated to begin in the near future. Demand for construction long products is expected to rise as a result. The large-scale project was announced during the recent Egypt Economic Development Conference and involves construction of the city with fully developed infrastructure from scratch, including 1.1 million of residential buildings, over 2,600 municipal buildings and structures, and the largest airport.
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