EMPC denies transfer to new administrative capital
Chairman of Egyptian Media Production City (EMPC) Osama Hekal
Cairo - MENA
Chairman of Egyptian Media Production City (EMPC) Osama Hekal denied Wednesday reports on moving the city to the new administrative capital.
In a statement, Hekal said that the investments of the EMPC 6th of October City are estimated at billions, adding what the EMPC is planning to boost its investments by establishing a new small studio area, as it will be an extension for the company in the new administrative capital with an area not exceeding 5 percent of the area of the original city.
The idea of the EMPC's extension in the new capital is currently under study by the EMPC's Council.
Source: MENA
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