Green Square Mostakbal City is a large-scale urban development project located in the Cairo Governorate of Egypt. The project is set to be one of the largest urban developments in the Middle East, with an estimated cost of US$7 billion.
The project was first announced in 2012, with the aim of creating a modern, self-sustaining city of over 500,000 people. The city is being developed by the Egyptian government, in partnership with a number of private companies, including the Egyptian-based conglomerate Mostakbal Group.
The project is located on a 6,000 acre site in the city of Mostakbal, about 20 miles from downtown Cairo. The project is divided into four main areas: the Central Business District, a residential area, an industrial area, and a leisure and entertainment area.
The Central Business District is the heart of the project, and will include a mix of office buildings, hotels, shopping malls, and other commercial facilities. The residential area will feature a variety of housing options, including apartments, villas, townhouses, and single-family homes. The industrial area will provide employment opportunities for residents, as well as space for factories and warehouses. Finally, the leisure and entertainment area will include a variety of parks and recreational facilities.
The project is expected to be completed by 2023, and will provide employment opportunities for over 150,000 people. It is also expected to have a significant impact on the local economy, with the government estimating that the project will contribute US$3.5 billion to the country’s GDP.
Green Square Mostakbal City is an ambitious project that has the potential to transform the city of Mostakbal, and the surrounding region. With its modern infrastructure, attractive housing options, and employment opportunities, it is sure to be a success.