Described as a smart city in the desert and the future of modern Egypt , boasting greenery and luxury housing, Ads andbillboards promising the Egyptian people that they are going to have an awesome new way of luxurious life alongside the clogged highways of central Cairo… we are talking about The New Administrative Capital of Egypt, which islocated 45km east of Cairo on the way to the port City of Suez.
This project is supposed to help the government and people to escape from the congestion of central Cairo to a new life which is around 40km away on the city’s outskirts by accommodatingpopulation of 5 million people, in addition to offering thousands of jobs and stimulate the economy.
The experts argue that. The new capital is a great business opportunity for everyone and for Egypt, due to the following reasons.
It is located 45 kilometers east of Cairo between the Greater Cairo region and the Suez Canal, which means that it is strategically close to Cairo, Sokhna and RasSidr, wedon’t need to mention that this isplanned to be the headquarter of the Parliament, the Presidency, the key ministries , all the public and governmental institutions and the foreign embassies.
Supported by the Egyptian government:
The Egyptian government and media are calling it the future of Egypt, in addition, President Abdel Fatah al-Sisi’scalls to all the business men to invest in the New Capital and this adds more value and increases the project’s worth.
The city is loaded with green parks, and it will include the largest park in the world, In addition to fitness tracks, pedestrian and cycling trails, horse riding rings, a floating forest and an artificial river.
Also, The New Capital will include a new zoo with aquariums, beside, sports stadium, playgrounds, and a Roman theatre. In addition to ascience , technology museum and an art museum as well.
It is planned to have trainthat will connect between the new cities, in addition to an airport which will contain 8 aircraft landing places and a parking area for 500 cars and 20 buses.
More than 20 feddans have been allocated for the residential investment, that’s why the new Capital includesa tons of residential neighborhoods, andmany hotel rooms.
Services to be offered
As we mentioned above, that all of the governmental institutions will be moved to the new capital, besides the headquarters of the Central Bank of Egypt and the Egyptian Stock Exchange.
In addition, the New Capital will provide many international universities from the United States, Britain, Canada, Sweden, Bulgaria and France.
The New Administrative Capital’s development projects:
The New Administrative Capital City is witnessing several development projects, implemented by the Ministry of Housing, Utilities and Urban Communities, to make it a global example to be followed, moreover, The construction and development plan includesbuilding a number of towers .
In addition to, a lot of housing units , residential buildings, containing 19944 units, 328 villas, containing 328 housing units, 157 townhouse buildings, 64 mixed residential buildings as well , commercial and administrative buildings and towers.
This mall is the one of largest commercial project in the new capital which is established on an area of 45,000 square meters, it is located directly in front of Al Masa Hotel, and the front of the mall is on a main axis with a width of 130 meters, The Pyramids Mall in the Administrative Capital includes the largest commercial units, as it is a commercial mall only. The company offered the project at prices and payment systems suitable for investors.
And beacause of all these features, it was crystal clear that Pyramids Real Estate Development Company has succeeded in presenting its projects in the New Administrative Capital, which were designed with European designs on Egyptian land.
Clock Tower Mall New Capital
One of the most important of these projects is the Clock Tower New Capital Mall, one of the malls that was established in the new administrative capital by the Capital Construction and Building Company in the heart of one of the most famous areas of the new administrative capital, theDown Town, the company which implemented this project was able to harvest around 75 % of the new capital projects.
Mall Einz Tower New Capital,
Among the group of investors who got the opportunity and the green light to invest in the new administrative capital is Egy Towers for development and real estate investment, that got the opportunity to plan , and design the Einz Tower Mall in the new administrative capital, placed on Egyptian land with a fully German management.
The new Administrative capital ‘s towers:
The iconic tower
Which is considered to be the highest tower in Africa, the iconic tower is about 400 meters high, with an estimated investment of $3 billion
With a cost around $3 billion, this concrete structure is one of the tallest towers in the New Administrative, C02 Tower, which is 50 meters high, with a total built-up area of 79,000 square meters.
Infinity Real Estate Development is introducing the “Infinity Tower” project in the New Administrative Capital, backed by more than 40 years of experience in engineering and consulting, this tower is considered to be Class A administrative building.
It is also announced that Infinity Tower houses a wide range of commercial facilities that include a bank, car showroom, gym and health club, pharmacy, cafes, restaurants, and a nursery.
The Tower is being implemented in cooperation with a group of international consultants specializing in the design of high-rise administrative towers, and this cooperation will include NORR Dubai as the project architect, SSE Dubai as a structural consultant, and AESG Dubai as a sustainability consultant.
This reflects the company’s keenness to work with key senior consultants during all phases of construction in order to ensure the highest quality possible.