The Nile Business City in the New Administrative Capital of Egypt is a new business hub that promises to accelerate Egypt’s economic development. The project, which is spread over 400,000 square meters (430,0000 Sq.ft), comprises of four towers and a shopping mall.
The mega project aims to become the largest commercial complex in Egypt and the Middle East, providing everything needed for business, leisure, and entertainment in one place.
The complex will have different zones, including a financial center, which will house some of the largest banks; a retail space, which will cover an area of 75,000 square meters (807,000 Sq.ft), and will house various international and local brands; and four towers, including an iconic tower that will be one of the tallest in Egypt.
The towers will provide premium office spaces, commercial, and residential units. The tallest tower will have 80 floors and stand at a height of over 345 meters (1,131 feet), making it the second tallest building in Africa.
In addition, the Nile Business City will have a sports club, a cinema, a children’s play area, and a food court with various restaurants and cafes.
The entire complex has been designed to be eco-friendly, with a focus on using renewable energy sources like solar power to reduce carbon emissions. The complex will also have a central air conditioning system with a hybrid system for energy efficiency.
The Nile Business City is expected to attract international companies, investors, and businessmen from around the world, providing them with a gateway to Egypt's booming economy.
The project was launched by the New Urban Communities Authority in partnership with the BPE Partners and Mimar Engineering Consultancy, and its construction is expected to be completed by 2022.
In conclusion, The Nile Business City is a statement of the Egyptian government's commitment to creating world-class infrastructure and facilities to boost the country's economy. The project is expected to create job opportunities for thousands of Egyptians and attract foreign direct investment, making it a significant milestone in Egypt's economic growth.