Il Mondo New Capital Egypt is a new development in the heart of Cairo, Egypt. The project is a joint venture between the Egyptian government and the Italian real estate developer Il Mondo. The project is located in the New Administrative Capital (NAC) of Egypt, a new city being built outside of Cairo. The development is set to include residential, commercial, and leisure properties, as well as a shopping mall and a hotel.
The project is expected to be completed in 2021 and will be the first of its kind in Egypt. It will be the largest real estate project in the Middle East, with an estimated cost of $2 billion. The development will cover an area of over 1 million square meters and will include a mix of residential, commercial, and leisure properties.
The project is being designed to be an integrated city, with all the necessary amenities and services to make it a self-sustaining city. The development will feature a variety of residential units, ranging from villas to apartments, as well as a shopping mall, entertainment venues, and a hotel.
The project is part of the Egyptian government's plan to develop the New Administrative Capital, which is intended to be a modern and sustainable city. The project is expected to create thousands of jobs and contribute to the development of the economy. It is also expected to attract foreign investors and tourists from around the world.
Il Mondo New Capital Egypt is an ambitious project that has the potential to become a major player in the real estate market in the Middle East. The project is expected to provide a unique and modern living experience for its residents and visitors, while also contributing to the development of the economy in Egypt.