The East Tower in New Capital Egypt is said to be the tallest tower in Africa, standing at 384 meters high. Located in the heart of the new administrative capital, the tower was designed by the Emaar Misr Company and will serve as a multi-use development.
The tower is expected to host residential apartments, offices, a luxury hotel, and a mall that spans over 200 thousand square meters. It's also designed to be an eco-friendly infrastructure with the latest smart technologies that make it energy-efficient and sustainable.
The East Tower's construction began in 2018, and the development is expected to be completed by 2023. The project, estimated to cost around $700 million, is financed by Emaar Misr, a subsidiary of Emaar Properties PJSC, a United Arab Emirates-based company.
The tower's location at the New Administrative Capital makes it an ideal spot for businesses and entrepreneurs looking for a premium address. Supported by Egypt's government, the New Capital city is part of the country's plan to achieve sustainable development and relieve congestion in Cairo.
The East Tower's apartments and offices offer spectacular views of the city, the Nile River, and the surrounding landscape. The luxurious amenities and green spaces around the development create a harmonious environment for its residents and visitors.
The East Tower's construction is a significant milestone for Egypt's real estate sector, given that the country has been trying to attract more foreign investment. Furthermore, the upcoming Expo 2020 in Dubai will showcase the country's latest investment opportunities, making Egypt an attractive destination for global investors.
In conclusion, the East Tower in New Capital Egypt is a colossal development that highlights Egypt's progress in sustainable development and its ability to attract foreign investment. It's a promising sign for the country's future and a step forward in a more prosperous and sustainable Egypt.