Apartment 199m for sale in OIA New Capital

3 Bedrooms Apartment for Sale in OIA New Capital

3    3
Reference: GB48899
EGP 3,502,000
Category:
Apartments / Sale
Price:
EGP 3,502,000 Installment
Price / Sqm:
EGP 17,597 Per Sqm
Finishing Status:
Semi Finished
Area:
199 M2
Floor No.:
1
No of Floors:
Bedrooms:
3
Bathrooms:
3
Allowable height:
Last Updated:
Fri 12 May 2023

OIA New Capital Egypt is a large-scale development project that is set to transform Egypt’s capital city of Cairo. The project is a joint venture between Egypt’s Ministry of Housing, Utilities and Urban Communities and the private real estate developer Orascom Investment Holding (OIH). The project is set to be located in the eastern desert of Cairo and will include a new administrative capital, a new financial district, a new industrial zone, a new residential area, and a new entertainment and leisure district.

The OIA New Capital Egypt project is expected to cost around $45 billion and is set to be completed by 2045. It is expected to create up to 1.5 million jobs and will be home to up to 5 million people. The project is set to be the largest urban development project in the Middle East and will be the largest real estate project in the world.

The project is expected to include an international airport, a medical city, a business district, a technology park, a university, a cultural center, a sports city, and a shopping mall. The project is also expected to include a new metro system, a light rail system, and a high speed rail line.

The project is set to be a major boost to the Egyptian economy and is expected to attract foreign investment to the country. It is also set to help ease the country’s housing shortage and provide much needed jobs and infrastructure. The project is also expected to help reduce the country’s dependence on imported energy and is expected to help the country become more energy efficient.

The OIA New Capital Egypt project is a major step forward for the country and is sure to have a positive impact on the economy and the people of Egypt. It is expected to be a major driver of development in the country and will help to create a better future for the country.