Government approves 1.4T Egyptian pound investment zone in New Cairo
The Cabinet has approved the establishment of an investment zone within the Madinaty project in New Cairo, covering approximately 506 feddans and named The Spine. The area will be dedicated to residential, commercial, administrative, hotel, entertainment, tourism, medical projects, and related activities. It will be developed by a specialized urban development company. This initiative aims to promote the real estate investment sector and strengthen the infrastructure in the region.
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