New Capital Hosts Forbes Global Tower as Sustainable Financial Hub
The article highlights the Forbes Global Tower project in Egypt's new administrative capital, which is considered the world's first sustainable financial center with zero carbon emissions. The project involves investments of approximately one billion dollars and aims to enhance Egypt's economic standing to become a regional hub for business and investment. The tower features 50 floors, reaching a height of 240 meters, with a built-up area of up to 100,000 square meters. It employs green technologies such as solar energy, clean hydrogen, and water conservation techniques, targeting to avoid emissions of up to 438 million kilograms of carbon dioxide over 60 years. It has also received international awards in sustainable architecture. The project is expected to attract foreign investments valued at $10.8 billion over four years, create around 60,000 jobs, and bolster Egypt's efforts to improve the business environment and support the green economy.
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