ATIP New Capital, ACUD to develop $20bn Entertainment District in Egypt

ME Construction News

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ATIP New Capital Entertainment (ATIP Entertainment) has won a contract from the Administrative Capital for Urban Development (ACUD) for a $20bn Entertainment District spanning 17sqkm in Egypt’s New Administrative Capital.

ITEC Entertainment (ITEC) has secured a contract to provide design, entertainment technology and management for ATIP’s development of the district, which will be constructed in three phases over a period of seven to 10 years and is expected to create 700,000 jobs.

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Lisa Junkerman