Nile Business City, a new commercial and administrative hub in Egypt's New Capital, is poised to become the country's flagship business destination. This multi-billion-dollar project covers an area of over 1,000 acres of land and offers world-class amenities, including state-of-the-art infrastructure, elegant office spaces, luxury retail stores, and a well-connected transportation network.
The compound, developed by the renowned Memaar Al Morshedy, is being built in several phases, with the first phase scheduled for completion in 2023. The first phase will include 23 buildings, comprising four towers and nineteen mid-rise buildings. The buildings are designed to accommodate various companies, from small and medium-sized enterprises to multinational corporations.
Further, there will be facilities such as restaurants, cafeterias, administrative offices, meeting rooms, and conference halls to accommodate the needs of the people who work there. Additionally, each building will have its own security system and dedicated parking area.
The compound will have several green areas with walkways, bike lanes, and parks, providing a tranquil environment for employees, tourists, and visitors. Also, the compound will feature a towering 70 meter-high sculpture, which was recently announced to be the "World's Tallest Monumental Structure."
The Nile Business City project, located in the New Capital, is expected to bring in more than EGP 100 billion, about $6.4 billion to Egypt's economy, and create thousands of job opportunities. The compound will also provide much-needed office space to meet the growing demand for commercial facilities in the New Capital.
In conclusion, the Nile Business City project in the New Capital is a great initiative by the Egyptian government to attract foreign investors, boost economic growth, and create job opportunities. The development is set to become one of the most dynamic business hubs in Egypt, offering a diverse range of commercial opportunities for entrepreneurs and established businesses alike.