Lotus New Cairo is a new urban development project in Egypt, located on the outskirts of Cairo. The project is part of the larger New Cairo City development, which is being built to accommodate the population growth of the capital. The development is spread over an area of 2.5 million square meters and will include residential, commercial and recreational facilities.

Lotus New Cairo is a mixed-use development, with residential, commercial, and recreational facilities. It will include a variety of housing options, including villas, townhouses, and apartments. The development will also feature a shopping mall, hotels, schools, hospitals, and a variety of other amenities.

The project is being developed by the Lotus Real Estate Development Company, a joint venture between the Egyptian government and the private sector. The development is expected to be completed by 2021 and will provide housing for over 50,000 people. The project is expected to bring an estimated $1.2 billion in investments to the region.

The development is part of the larger New Cairo City development, which is being built to accommodate the population growth of the capital. The project is expected to create thousands of new jobs in the area, as well as attract new businesses and investment.

Lotus New Cairo is a major development project in Egypt, and is expected to have a significant impact on the country’s economy. The project is expected to help create thousands of new jobs, attract new businesses, and increase the overall quality of life in the region.