Who is the developer of River Green compound?

The company that owns River Green New Capital is MBG

River Green New Capital MBG Egypt

Reference: NS 121148

EGP 8,700,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 8,700,000

River Green New Capital MBG Egypt

Reference:

NS 121148

Price:

EGP 8,700,000 Installment

Price / Sqm:

EGP 100,000 Per Sqm

Finishing Status:

Super Lux

Area:

87 sqm

Bedrooms:

Bathrooms:

Delivery In:

2025

Listed:

Mon 22 May 2023

About River Green New Capital

Apartment 2 Bedrooms for Sale in River Green - New Capital By MBG - Delivery Year 2025

River Green: Egypt's Ambitious New Capital

Egypt is embarking on an ambitious project to build a new capital city from scratch to ease overpopulation in Cairo. The new capital, named River Green, is planned to be built on a site east of Cairo along the Nile river. River Green aims to become a model eco-friendly and smart city that utilizes the latest technologies in energy efficiency, waste management, transportation and more.

The new capital city will span over 700 square miles and house up to 6.5 million residents. It will incorporate residential, commercial, industrial, agricultural and recreational areas. The city will have a hub for knowledge economy with several universities and research institutions. It will also have a focus on renewable energy, green spaces and sustainable infrastructure.

The development of River Green is led by the Makka Group, MBG. They aim to make it a global smart and sustainable city that attracts talents and businesses from around the world. The new capital will have a mix of Egyptian and International expertise and practices integrated into its innovative design and development.

River Green will be developed in several phases over the coming decades. The aim is to gradually move government offices and ministries to the new capital, followed by residential and commercial communities. By 2050, River Green is projected to house up to 25% of Egypt's population, reducing the overburden on Cairo and improving living standards.

The new capital is a bold and ambitious plan to reshape Egypt's urban landscape while modernizing infrastructure and promoting sustainable development. However, there are also risks and challenges around financing, timeline, and population shifts that need to be managed carefully during implementation. If successful, River Green can become a model for smart, green and livable cities worldwide.

That's a draft article summarizing the key highlights about River Green, the new capital city being developed by MBG in Egypt. I have touched upon the objectives, features, phases of development, timelines and risks around this ambitious project. Please let me know if you would like me to modify or expand the article in any way. I can also draft articles on any other topics of your choice.

MLS Realty
+201200070979