Who is the developer of Al Maqsad compound?

The company that owns Al Maqsad New Capital is City Edge Developments

Office 57m for sale in Al Maqsad New Capital

Reference: NS 24393

EGP 2,565,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 2,565,000

Office 57m for sale in Al Maqsad New Capital

Reference:

NS 24393

Price:

EGP 2,565,000 Installment

Price / Sqm:

EGP 45,000 Per Sqm

Finishing Status:

Core & Shell

Area:

57 sqm

Listed:

Thu 4 May 2023

About Al Maqsad New Capital

Office for Sale in Al Maqsad - New Capital By City Edge Developments

Al Maqsad, a new capital city in Egypt, is set to become a major hub of economic activity and a symbol of the country’s modernity. The city is being developed by the Egyptian government in collaboration with the Chinese government and is expected to be completed by 2027.

The new capital city will be located in the desert east of Cairo and will be the largest city in Egypt. It is estimated that the city will cover an area of 7,000 square kilometers and will be home to up to five million people. The city will feature a number of modern amenities, including a world-class transportation system, a modern medical center, and a variety of educational and cultural institutions.

Al Maqsad will be designed to be a model of sustainability, with green spaces, renewable energy sources, and smart city technologies. It will also feature a range of commercial and residential developments, as well as a variety of leisure activities. The city is expected to create up to two million jobs and to attract significant foreign investment.

The Egyptian government has invested heavily in the project, committing around $45 billion to the development of the city. This includes funding for infrastructure, such as roads, bridges, and utilities, as well as for the construction of homes and businesses. The government has also committed to providing the necessary resources to ensure the city’s success, such as access to finance, training, and employment opportunities.

Al Maqsad is an ambitious project that could have a major impact on the future of Egypt. Once completed, it could become a major global hub for business, finance, and culture. It could also serve as a symbol of the country’s modernity and its commitment to sustainable development.

MLS Realty
+201200070979