Egypt, 28 Sep 2021, ZEXPRWIRE, It is the latest and most important projects within the Arab Republic of Egypt, as it is considered the next general trend of the Egyptian government, and it represents a qualitative leap in the infrastructure and civilization of Egypt, due to its keeping up with the latest construction and planning systems around the world. As well as the parliament, the presidential palace and diplomatic bodies from the Egyptian capital Cairo to it, which makes it an identical image of Cairo, but with the difference in urban and planning development in line with the latest global developments. In these following lines we can present basic information about the project in terms of location, area, administrative division, transportation, responsible companies and energy Themost prominent project Also We will offer some Shops For Sale in New Capital Of Egypt to make it easy for you to invest your Money in the right place.
Location of The New Capital Of Egypt
The project is located on the borders of Badr City in the area between Cairo/Suez Road and Cairo/AinSukhna Road, east of the Regional Ring Road, after New Cairo and the Madinaty and Mostakbal projects. The site is about 60 km from the cities of Suez and AinSukhna, and also 60 km from the heart of Cairo. The administrative capital Of Egypt has an area of approximately 170,000 acres.
How To Access The New Capital Of Egypt?
The project site can be reached by taking Suez Road, and from there to Jandali Road-2 until the completion of Mohammed bin Zayed Road. Meanwhile, it is planned to implement a railway linking with the Egyptian railway network, as well as an electric train project to link the Tenth of Ramadan City and Belbeis City in the Administrative Capital. An airport is being implemented in the project on an area of 16 km, while work is underway on the 194 km New Administrative Capital Roads project, with the aim of creating new development hubs.
The new administrative capital has been divided from a planning point of view into three development stages, and these three stages in its general plan include 20 neighborhoods and regions, and work is now underway on the construction of the first stage of the city, whose cost, according to official statements, is estimated at more than 700 billion pounds, to include that stage a number of Different neighborhoods and areas in their uses between what is designated as the headquarters of the Egyptian government, the House of Representatives and the Senate, and what is designated for business administration and banks, in addition to a number of areas that will be designated as headquarters for diplomatic missions, as well as entertainment and housing areas such as the central gardens area and the third and fifth residential neighborhoods, according to a study by the Egyptian Center. For Thought and Strategic Studies.
Projects In The New Admin Capital
A joint stock company was established to manage the New Administrative Capital project with a capital estimated at 6 billion pounds, in which the New Urban Communities Authority, the National Service Projects Authority and the Armed Forces Land Projects Authority participate. The company undertakes the planning, construction and development of projects in the New Administrative Capital. Its board of directors consists of 13 members, including 3 members representing the Urban Communities Authority, 6 members with experience, and 4 members representing the armed forces.
The project witnesses the construction of a power plant with a production capacity of 4800 megawatts, the construction of the Administrative Capital / Badr 500 line with a length of 40 km, and the Administrative Capital / Zahraa El Maadi line 4500 with a length of 30 km, and feeding the power station by constructing a natural gas line Qatar 32 starting from a line point Abu Sultan/ Sokhna is 65 km long and ends inside the New Capital Power Station.
The name of the owner company Nile Developments, one of the companies of the Nile and Al-Ahram Group (SAE) is listed in the stock exchange and the Investment Authority. The company and its projects are 100% private ownership of each of: 1- Engineer Mohamed Taher, a civil engineer, a graduate of Mansoura University, and has been working in the field of real estate development and investment for more than 25 years. 2- Mr. Mahmoud Taher, a member of the Board of Directors of the Real Estate Investment Division of the General Federation of Chambers of Commerce, a member of the Board of Directors and a treasurer of the Association of Developers of New Cairo and the New Administrative Capital. The company has existed since 2002 in Mansoura and has implemented a group of residential and commercial towers there.
The group has the honor to direct its investments in the Fifth Settlement since 2015. In a short time, the group was able to deliver its portfolio to 100 projects in various neighborhoods of the assembly, some of which have been implemented and delivered, and some of them are under construction and some of them in the real estate portfolio have not been completed His proposal is implemented and delivered 30 projects in various areas of the assembly such as (Beit Al Watan – Lotus – Andalus – New Narges – North House – North of Rehab – South of the Academy).
Classification of the project as a skyscraper with international specifications, joint use, commercial, administrative, Class A – Building The project location is Downtown area – in front of Al Masa Hotel on the northern axis of Bin Zayed, a panoramic view on the Green River and Celia Compound Number of floors 36 floors with a height of 131 m SSE Engineering Consultant, Professor AsaadSalameh HSI Interior Design Consultant Engineer HanySaad Operational Consultant Orascom – Kontrack FM CFM Management Consultant KAD Commercial Property Management
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