"We need very extensive financing and the state doesn't have money to give me," said Abdeen, adding that about 20% of investment so far had come from abroad, including up to $4.5bn from China.
With parks and tree-lined avenues, the city will consume an estimated 650,000 cubic metres a day of water from the North African nation's scarce resources. Abdeen said he hoped a $1.2bn electrified train link from Cairo to the city, also being built by a Chinese firm, would be ready in 18 months. Before then the city would be served by electric buses, he said.
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