VYE (Vibrant Youth Egypt), a new development project in New Zayed, Egypt, is aiming to provide affordable housing solutions for the country's growing youth population. The project, which is being developed by the New Urban Communities Authority (NUCA), is specifically targeting young people aged between 22-35 years old who are looking for an affordable and stylish place to call home.

Located in New Zayed, a new city located west of Cairo, the VYE project spans over 34 acres and is set to feature over 6,000 housing units. The development will comprise a mix of apartments, duplexes, and townhouses, that are being designed by an array of world-renowned architects to meet the distinct tastes of their youthful target demographic.

VYE is envisioned as a mixed-use community that encourages residents to interact with one another and fosters a strong sense of community. The development features various common areas, such as a community park, a fitness center, a pool and a playground - all designed to foster interaction and engagement among the residents. Additionally, the developers aim to create a community within a community, whereby residents will be able to enjoy a shared shop-based economy that will feature restaurants, cafes, laundry services, hair salons and much more.

The VYE project is part of a wider NUCA scheme that has been launched to address the country's acute housing shortage, particularly for young people. With a current population of almost 100 million, Egypt is facing an increasing need for housing, and this need is particularly acute for the country's younger generations, who are struggling to find affordable accommodation that's suitably designed for their lifestyles. It's estimated that around 40% of Egyptian families are currently living in poverty, and many young people are forced to live with their parents well into adulthood due to the scarcity of affordable accommodation.

The VYE project is therefore seen as a vital step towards improving the quality of life for young Egyptians, providing them with access to affordable housing that suits their needs, while also fostering strong communities that can thrive for years to come. The project is set to transform the landscape of New Zayed, creating a vibrant, inclusive and safe place for young people to call their own.