Odyssia Mostakbal City is a new urban development project located in the New Administrative Capital of Egypt. It is a mixed-use development that will include residential, commercial, and recreational facilities. The project is being developed by Odyssia Real Estate Investment Company, a subsidiary of the Egyptian Ministry of Housing.
The project covers an area of approximately 5 million square meters and is expected to house more than 500,000 people. It will include a variety of residential units, ranging from villas to apartments and townhouses. The development will also feature a variety of amenities, including a shopping mall, a sports complex, and a number of parks and green spaces.
The project is being developed in phases, with the first phase expected to be completed by 2022. The first phase will include the construction of the main residential, commercial, and recreational facilities. The second phase will focus on the development of the infrastructure and public spaces.
The project is part of the Egyptian government's efforts to create a new city that will serve as the country's new administrative capital. It is expected to create jobs and attract investment from both local and international investors. It will also provide a modern and attractive living environment for its residents.
The project is expected to have a positive impact on the economy of Egypt. It will create jobs and attract investment, which in turn will help to boost the country's economy. It is also expected to help reduce the cost of living in the country, as well as improve the quality of life for its citizens.