Nile Business City, a compound for commercial and administrative activities, is set to be a major driver of economic growth in Egypt. Located in the new administrative capital, about 45 kilometers east of Cairo, the project aims to provide a modern and vibrant hub for local and international businesses.
With a total area of 50,000 square meters, Nile Business City will feature various facilities and services, including offices, showrooms, banks, restaurants, cafes, and parking lots. The project is being developed by Nile City Investment, a subsidiary of Americana Group, a leading food and beverage company in the Middle East.
According to Hisham Safwat, the CEO of Nile City Investments, the compound is designed to meet the needs of different sectors and sizes of companies. "We offer flexible spaces that can be customized and combined as per the requirements of our clients," he said. "Whether you are a small startup or a multinational corporation, you can find a suitable place in Nile Business City."
Safwat also noted that the project is being built according to high standards and specifications, with a focus on sustainability and efficiency. "We are using eco-friendly materials and technologies that reduce energy consumption and waste," he said. "We also have state-of-the-art security and safety systems to ensure the comfort and safety of our tenants and visitors."
Nile Business City is part of the larger urban development plan of the new administrative capital, which aims to decongest Cairo and offer a modern and smart city that can accommodate millions of residents and visitors. The New Capital is envisioned to be a hub for various sectors, including government, finance, education, healthcare, culture, and innovation.
The launch of Nile Business City comes at a time when Egypt is seeking to attract more foreign investments and boost its economy, which has been impacted by the COVID-19 pandemic and other challenges. The government has adopted several reforms and incentives to support businesses, such as reducing taxes, improving infrastructure, and simplifying procedures.
Nile Business City is expected to contribute to these efforts by creating job opportunities, stimulating entrepreneurship, and enhancing the competitiveness and productivity of the private sector. The project is also likely to attract foreign investors and companies that are looking for a stable and strategic location in the region.
The compound is scheduled to be completed by 2023, with the first phase expected to be delivered in 2022. Interested parties can contact Nile City Investment for more information and reservations. With Nile Business City, Egypt is set to enter a new era of business and development, fueled by innovation, sustainability, and collaboration.