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It is hoped that the city will become a hub in the region and attract businesses looking to invest in Cairo.The city was built at an estimated cost of more than US$20 billion, which includes part of a new rail line between Helwan and Cairo International Airport. The project's master plan was designed by architects Adrian Smith + Gordon Gill Architecture (AS+GG). Construction work began in March 2006, with completion due to be completed by 2020 or 2021. New Cairo City is being developed by Misr Development Company (MDC) for Egypt's Ministry of Housing as well as private sector investors including Orascom Construction Industries SAE; Arab Contractors Co., Ltd.; El Shorouk Group; Talaat Moustafa Group; Citadel Capital LLC/KH Property Development & Investment Inc.; Al-Ahram Beverages Company ; CIB Bank ; Commercial International Bank (CIB); Egyptian American Bank(EAB); National Bank Of Egypt(NBE)and Banque du Caire .