Egypt's new era of mega-projects has been relentless and seems to be proud of it. One of the most promising projects of the country is the proposed development of the Zahya New Mansoura city. The project, which is being spearheaded by the Ministry of Housing, currently has an investment value of $3 billion and is being planned for completion in 2023.
Zahya New Mansoura is a new city located on a stretch of the Mediterranean coastline, 50 km east of Alexandria. It lies within the New Mansoura Urban Development Authority's jurisdiction, which was formed in 2018 to develop an area of around 23,000 acres as a new satellite city. This sub-development was created to drive Egypt's economic development and fulfill the demand for affordable housing.
The project aims to create a lifestyle destination that offers a mix of leisure, business, and residential spaces. The development will have around 40,000 apartments and an emphasis on restaurants, hotels, and retail spaces, all designed to help drive tourism in Egypt. The project will also have a corridor to link it to the city of Mansoura, which will be the principal center for education and research in the region.
According to the project plan, Zahya New Mansoura will boast a rich collection of amenities that includes a shopping center, entertainment areas, schools, hospitals, and parks to cater to every need of its future residents. There will also be extensive green spaces and extensive cycling and pedestrian paths.
One of the primary goals of Zahya New Mansoura is to provide affordable housing for 400,000 residents. The project aims to create a complete housing community that is conducive for people to thrive, be productive, and be happy in their homes. The affordable housing aspect of the project is a key strategy in addressing the growing housing crisis in the country.
Zahya New Mansoura has an ambitious sustainability and environmental plan. The project plans to harness clean energy sources and make the city more energy-efficient. The project will incorporate water conservation programs, green roofs, and extensive tree planting, among other measures that help reduce the ecological footprint.
When completed, Zahya New Mansoura will become an integrated and vibrant community, offering economic opportunities and affordable housing. The project will also contribute to addressing the scarcity of affordable housing, creating jobs, and boosting tourism in the region.
Zahya New Mansoura is an ambitious and transformational project that is set to shape the future of Egypt. The project's location and design make it one of the most promising and attractive developments that will cater to the needs of its future residents. The development is expected to be completed in the next three years and will significantly contribute to Egypt's economic growth, making it a place to watch.