Sun Capital, a large-scale mixed-use development project located west of Cairo, Egypt, has successfully raised EGP 600m ($38m) from Banque Misr and the National Bank of Egypt, two of Egypt's largest state-owned banks. The compound is being developed and implemented by Arabia Holding, an Egyptian real estate developer founded in 2010 that has made strides to bring the country's residential landscape closer to its international counterparts.

Sun Capital is spread over 650 acres and comprises over 9,000 residential units, as well as commercial, educational, and entertainment facilities. Its focus is to create a sustainable and eco-friendly environment, with vast green landscapes, open spaces, and artificial lakes, providing alternative lifestyle options away from the city's urban congestion.

Sun Capital's location positions it as a prime investment opportunity for Egypt's real estate market. The compound is situated near the Giza Pyramids, Cairo's New Administrative Capital as well as the planned 6th of October City train station, which is expected to boost connectivity and transport facilities in the area. Additionally, Sun Capital's proximity to Sheikh Zayed City is expected to attract upper-middle-class buyers and investors, providing investors with compelling opportunities for high returns.

The compound has already received strong demand from local and international investors, with over 70% of the project's first phase already sold. Sun Capital is a part of the New Urban Communities Authority's (NUCA) plan to develop new cities in Egypt, which is expected to create over 2 million new housing units, approximately 5.5 million job opportunities, and reinforce the Egyptian economy.

In conclusion, Sun Capital represents a high potential investment opportunity for both Egyptian and international investors. Furthermore, it is a part of the Egyptian government's efforts to recreate the country's urban landscape, which is expected to boost the country's economy and provide an attractive environment for both local and foreign buyers.