More hurdles could delay opening of Egypt’s new administrative capital
The resignations of two executives of the company managing the new administrative capital project in Cairo have raised questions about the project and its feasibility in light of the deteriorating economic situation in the country.
On Aug. 22, Maj. Gen. Ahmed Zaki Abdeen submitted his resignation as chair of the Administrative Capital for Urban Development (ACUD), which he joined five years ago in 2017, citing health problems and his desire to retire, local media reported.
The ACUD is the owner and developer of the new administrative capital in Egypt. The company is co-owned by the Egyptian military and the Ministry of Housing.
