One of the Largest Real Estate Projects in Egypt
Mohamed A. Abdulsalam, CEO of MENA Holding, talks about one of the largest real estate projects in Egypt.
Mohamed A. Abdulsalam, CEO of MENA Holding, talks about one of the largest real estate projects in Egypt.
He says, “The project is one of the largest real estate developments in Egypt. El Mahroussa City is planned to accommodate more than 2-million people. The land will be developed into a full-fledged urban development (El Mahroussa City) with an adjacent International Airport serving West of Cairo. It features residential buildings, offices, commercial developments, an airport, heal care facilities, entertainment facilities, an industrial zone, universities and logistics infrastructure. It will be like planning a completely new city in Egypt that can offer more than 200,000 jobs. The timeline for the project is 25 years. It will also include a high rise building. The benefit of the project to the local economy is enormous.”
MENA Holding is one of the leading diversified holdings in Kuwait with activities in real-estate, industry and other sectors.