Who is the developer of Yaru compound?

The company that owns Yaru New Capital is Atum Global Development

Apartment 77m for sale in Yaru New Capital

Reference: NS 23902

EGP 1,309,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 1,309,000

Apartment 77m for sale in Yaru New Capital

Reference:

NS 23902

Price:

EGP 1,309,000 Installment

Price / Sqm:

EGP 17,000 Per Sqm

Finishing Status:

Semi Finished

Area:

77 sqm

View:

Pool , Landscape View

Delivery In:

2025

Listed:

Tue 23 May 2023

About Yaru New Capital

Apartment for Sale in Yaru - New Capital By Atum Global Development - Delivery Year 2025

Yaru New Capital is an ambitious project undertaken by the Egyptian government to create a new, modern city that will serve as the country's administrative and financial hub. Located 45 kilometers east of Cairo, Yaru New Capital is expected to be a game-changer for Egypt's economy and infrastructure.

The project was announced in March 2015, and construction began in earnest in 2018. The first phase of the project is expected to be completed by mid-2021, while the entire project is expected to be finished by 2052.

Yaru New Capital will be built on an area of 170,000 acres, making it the size of Singapore or Washington DC. The city will have a population of 6.5 million people, and it is expected to create job opportunities for 1.5 million people.

The city will be divided into 21 residential districts, each with its own commercial, cultural, and entertainment facilities. The city will also have a large central park, a golf course, and a theme park. The city will be connected to Cairo by a high-speed railway and a new highway.

One of the key features of Yaru New Capital is its sustainability. The city will be powered by renewable energy, and it will have a comprehensive recycling program. The city will also have a smart transportation system, with electric buses and bike-sharing programs.

The project is being funded by the Egyptian government, as well as private investors from Egypt and abroad. The government is hoping that Yaru New Capital will attract foreign investment, create jobs, and boost Egypt's economy.

Yaru New Capital is just one of several ambitious projects that the Egyptian government has undertaken in recent years to modernize the country's infrastructure and economy. Other projects include the Suez Canal expansion, the construction of a new administrative capital, and the development of a new industrial zone in the Suez Canal area.

In conclusion, Yaru New Capital is an ambitious project that aims to transform Egypt's economy and infrastructure. If successful, it could serve as a model for other developing countries looking to modernize their economies and create sustainable cities.
8

MLS Realty
+201200070979