Cairo Festival City is a large-scale, mixed-use development located in New Cairo, Egypt. The development covers a total area of over 1.6 million square meters and includes a variety of residential, commercial, and leisure facilities.
The development is the vision of the Egyptian government and is being developed by Al Futtaim Group, a leading real estate developer in the Middle East. The project is expected to be completed by 2020 and will include a shopping mall, a business park, a university, a medical center, and a variety of residential units.
The shopping mall will feature over 200 stores, including international and local brands, as well as a variety of entertainment options. The business park will include office towers, a convention center, and a variety of other business facilities. The university will offer a range of educational programs and the medical center will provide world-class healthcare services.
The residential units will include villas, apartments, and townhouses, all of which will be designed to meet the needs of the local community. The development will also feature a variety of green spaces and parks, as well as a golf course and other sports facilities.
Cairo Festival City is expected to be a major boost to the local economy, creating jobs and providing a much-needed boost to the area’s tourism industry. It is hoped that the development will attract more international visitors to the city, helping to boost the local economy even further.