Cairo Festival City is a large-scale real estate development located in New Cairo, Egypt. The project is a joint venture between the Egyptian government and the UAE-based real estate developer, Emaar Properties. The development is set to become the largest integrated lifestyle destination in Egypt, offering a variety of residential and commercial facilities.
The project consists of several components, including a shopping mall, a residential complex, a business park, a leisure and entertainment complex, and a variety of other amenities. The shopping mall will feature more than 150 international and local retail outlets, a multi-screen cinema, and a variety of restaurants and cafes. The residential complex will consist of over 1,000 apartments and villas, as well as a variety of amenities, such as a spa, a fitness center, and a swimming pool. The business park will include a variety of office spaces, while the leisure and entertainment complex will feature a variety of attractions, including a theme park, a water park, and a movie theater.
Cairo Festival City is expected to be completed by 2021 and is expected to attract more than 10 million visitors annually. The project is expected to create more than 10,000 jobs, and will also contribute to the economic growth of the region. The development is also expected to help improve the quality of life in the surrounding area, by providing a variety of services and amenities to the local population.