Administrative Capital for Urban Development Company Participates in the “Innovation in Social Housing Sector” Conference and Exhibition in the Kingdom of Bahrain

Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital for Urban Development Company (ACUD), responded positively to an invitation from H.E. Amna bint Ahmed Al Romaihi, Minister of Housing and Urban Planning of the Kingdom of Bahrain, to participate the “Innovation in Social Housing Sector 2025” Conference.
The Conference was held under the auspices of His Royal Highness the Crown Prince and Prime Minister and organized by the Ministry of Housing in cooperation with Eskan Bank from 23-25 April 2025 at the Bahrain International Exhibition Center.

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During his participation of the Conference, Eng. Abbas affirmed:
“The New Administrative Capital is a green, smart, and sustainable city, offering comprehensive educational, healthcare, administrative, commercial, and sports services. It enables the private sector to invest in these services through a wide range of opportunities that ensure strong returns for participating companies while delivering high quality services to residents. ACUD remains committed to maintaining stringent standards and regulations to encourage effective private sector participation and expand investment opportunities.”

He also emphasized that the primary tenet in social housing is to ensure that urban planning permits the target group unhindered access to housing units, with all needed services available. Eng. Abbas stated that the government partner has a key role to play in steering the private sector towards the construction and provision of social housing thus, impelling development rates and promoting investment opportunities.

The conference served as an international forum for elite leaders and experts to engage in discussions regarding how the development of social housing can support economic growth and enhance social development. It also focused on establishing new strategies to tackle pertinent challenges, providing a valuable spaces for strengthening public private partnerships, exchange ideas, and chart innovative paths toward enhancing social housing and thereby the quality of life as a whole.

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About the Administrative Capital for Urban Development

The Administrative Capital for Urban Development (ACUD) is an Egyptian joint-stock company, established in April 2016. The company operates in the field of urban development and executing, managing, and operating the New Administrative Capital project, one of Egypt’s most important national and strategic initiatives. ACUD is governed by the Investment Law No. 8 of 1997, with a paid-up capital of EGP 44.6 billion.

Construction of the New Administrative Capital commenced at the end of 2016. The city covers an area of approximately 230,000 acres and is located about 60 km east of Cairo and 65 km west of Suez. Upon completion of all construction phases, the city is projected to accommodate up to 8.5 million people. The New Administrative Capital is designed to alleviate the congestion in Cairo and address the rapid population growth. Additionally, the project is expected to significantly contribute to Egypt’s economy by opening broad investment opportunities for investors, development companies, and other stakeholders.

In 2023, the headquarters of the Cabinet, ministries, government agencies, and other entities were allocated to the New Administrative Capital. ACUD is also focused on completing integrated construction work for the embassy and consulate services, as well as some embassy buildings, which are now ready for relocation and habitation in the Diplomatic District, one of the key developments in the first phase of the New Administrative Capital.

The New Administrative Capital also includes the Financial District, a major economic hub that houses the Central Bank of Egypt, the Egyptian Stock Exchange, and the regional offices of leading Egyptian and international banks and companies. Furthermore, the residential districts feature a huge number of premium, diverse housing units, complemented by comprehensive services and public facilities.

ACUD has ensured that the New Administrative Capital is a city of distinction in every aspect. Its design prioritizes sustainability, smart technology, and green spaces. With allocation of 15 m² of green and open spaces, the city surpasses global standards for quality of life.
The New Administrative Capital also features the Green River, which, once completed, will be the longest green river in the world, spanning 12 km over a total area of 1,000 acres in its first phase. This will include central and recreational parks, as well as botanical gardens.

Additionally, the New Administrative Capital houses the Arts and Culture City, one of Egypt’s most remarkable and culturally significant landmarks, as well as the Knowledge City, a hub for technology and innovation.The Sports City represents an unprecedented leap in Egyptian sports, with the facilities and capabilities necessary to host international sporting events.

As one of the Fourth Generation Cities, the New Administrative Capital relies on the latest smart systems. ACUD has signed multiple agreements with leading global companies to enhance the concept of smart, sustainable cities and buildings in the capital. The goal is to manage the city infrastructure and services using cutting edge technology, positioning the New Administrative Capital as the first smart city in the Middle East.