Nile Business City is a massive development project that is being constructed in Egypt's New Administrative Capital (NAC). The project is an ambitious undertaking aimed at creating a world-class commercial hub that would attract investors from across the globe.
The new development will be situated on a 400-hectare land parcel in the heart of the planned central business district of the New Capital city. The project is being developed by MYRA Properties, with plans to complete the project in several phases over the next decade.
The first phase of the project involves the construction of infrastructure, including roads, water, and power infrastructure. The project will also feature the construction of a 5-star hotel, a shopping mall, and several office towers.
Once complete, Nile Business City will offer a total of more than 300,000 square meters of Grade-A commercial office space. The project will support over 10,000 jobs during the construction period and an additional 25,000 jobs upon completion.
The developers are aiming to create a sustainable, walkable, and environmentally-friendly development that is integrated into the larger urban fabric of the New Capital. The project will feature public spaces, plazas, and green areas that will be open to the public, enhancing the overall urban experience in the city.
Egypt's government has given significant support to the project, recognizing its potential to create a significant economic impact. Upon completion, Nile Business City is expected to attract companies from various sectors, including finance, technology, and logistics.
The project will also offer a range of amenities, including restaurants, cafes, and recreational facilities, making it an attractive location for professionals and companies alike.
In conclusion, Nile Business City is an exciting development project that represents a significant step forward in Egypt's quest to modernize and attract foreign investment. The project offers a unique opportunity for companies looking to establish a presence in the region, and the project's developers are working hard to create a welcoming, sustainable and integrated development that will enhance the greater urban fabric of the New Capital.