The Pyramids of Giza on the southwestern outskirt of the Egyptian capital Cairo as of February 28, 2018. Photo: Agence France-Presse

China’s US$20 billion project to develop a new capital for Egypt falls through amid discord over how to share revenue

  • The project was to develop 15,000 acres (6,070 hectares) over 25 years in the new capital, east of Cairo
  • Phase One of the project was due for completion in mid-2019
Topic |   Belt and Road Initiative

TOP PICKS

The Pyramids of Giza on the southwestern outskirt of the Egyptian capital Cairo as of February 28, 2018. Photo: Agence France-Presse
READ FULL ARTICLE