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المصري اليوم
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Source: المصري اليوم
24 Hrsالمصري اليوم
Source: المصري اليوم
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The Prime Minister of Egypt, Mustafa Madbouly, has inaugurated the commencement of the first phase of the "Ilm Al-Roum" project in the North Coast. Developed by Qatar Properties, the project involves total investments amounting to $29.7 billion, including $3.5 billion in direct cash investments. The project's goal is to boost urban and investment development in the region and transform it into a sustainable tourist and urban destination on the Mediterranean Sea, creating approximately 250,000 jobs upon completion in 2030. The first phase includes the development of an integrated tourism community featuring hotels, a marina, artificial lakes, and open spaces, with an emphasis on sustainability and innovative urban design, aiming to position the North Coast as a global tourism and investment hub.
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