Egyptian construction companies will be implementing the governmental district at the new capital, said Ayman Ismail, the board chairman of the Administrative Capital for Urban Development company.

No final agreement has been reached with China's CSCEC in this regard, Ismail said in a statement Monday. 

He made it clear that the Administrative Capital for Urban Development company got lower prices from Egyptian firms.

Ismail, however, thanked China's CSCEC for its effort in the negotiations.