The government announced the launching and establishment of the New Administrative Capital, with the aim of making it a major political and economic center in Egypt and the Arab world.
It is designed to contain a huge number of government agencies, state agencies, residential, and commercial facilities in the Administrative Capital, and to accommodate up to 30 million residents.
One of the most important and famous neighborhoods in the new capital, is the Financial And Business District, which was established in June 2017, with investments amounting to $3 billion and 200 thousand, and on a total area of 195 acres, so that there is a great diversity of real estate units in the Financial And Business District available for investment.
Prime Location of the Financial and Business District in New Cairo
The Financial And Business District is located in the New Administrative Capital, specifically between the northern and southern axes of Mohammed bin Zayed. In addition, the New Capital is also close to the most important new cities in the region, such as Badr City, Mostakbal City, properties of El Shorouk City and Rehab, which is a short distance from:
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Cairo Governorate: 45 kilometers away from the New Capital
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Suez City: 80 kilometers from the New Capital
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Ain Sokhna: 60 kilometers from the New Capital
The Financial and Business District is easily accessible through many major roads, the most important of which are the Regional Ring Road and Mohammed Bin Zayed Road.
Details of the Financial and Business District in New Cairo
The Financial and Business District was established to become an integrated area in which branches of banks, the stock exchange and branches of government agencies are stationed, in addition to administrative units in New Cairo, residential and commercial units.
The Chinese company CSCEC oversaw the development of the Financial And Business District in the New Capital. CSCeC is a well-known company in this field and has a great precedent in establishing international skyscrapers, and has established the iconic tower Obelisko Capital, which is 345-meter long, which is the highest skyscraper in Africa.
Available Services in the Financial and Business Neighborhood in the New Capital
One of the most important reasons for the prosperity of the New Capital is that it is designed to contain a huge amount of services that meet the needs of residents and visitors, to become an integrated city from all sides.
Educational Services in and Near the Financial and Business District
One of the most important conditions that must be met in any new city to become attractive to investors is that there are educational institutions of different levels within it, and we see that this factor is clearly achieved within the New Administrative Capital. It is planned to contain a number of branches of the largest international schools and universities.
Among the most important schools that will be established in the region:
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An international school established by Sahara Schools Group
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Egypt British International School
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American English School
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Manor House School
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Al Bayan Educational School
Among the most important universities:
Hospitals and Health Centers in the Financial and Business District
It is planned that New Cairo will contain a number of medical clinics, hospitals and health centers to meet the needs of residents and visitors in this aspect, as a space has been allocated within the New Capital to become a center for medical institutions in the New Administrative Capital, and this area has been divided into:
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An area of 20,000 square meters to build a general hospital
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An area of 20,000 square meters to build a hospital for women, obstetrics and newborns
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An area of 20,000 square meters to build a children's hospital
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An area dedicated to establishing a German cancer hospital
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An area dedicated to establishing a Chinese hospital offering all specialties
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A space dedicated to establishing radiology and analysis centers
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An integrated building that provides health insurance services
Commercial Areas, Stores, and Entertainment Venues in the Financial and Business District
A large percentage of the total area of the New Administrative Capital has been allocated to commercial activities, to contain a large number of malls and commercial centers with integrated services.
Among the most important malls in the New Administrative Capital:
Areas and Types of Properties in the Financial and Business District
The volume of investments in the Financial and Business District in the New Capital is about $3 billion. So, the neighborhood contains all types and forms of units for sale in the Financial and Business District, in addition to containing the highest skyscraper in the Middle East, which is the Obelisco Capital Tower.
The Financial And Business District will include 12 huge malls providing all basic services and entertainment, in addition to 5 residential buildings designed on the latest international models, with two hotels to provide hosting services to visitors at the highest level.
The Most Important Compounds in the New Administrative Capital
The New Administrative Capital contains a number of luxurious residential compounds designed to the highest level, the most important of which are:
Capital Way Compound
The Capital Way compound is located in the heart of the Administrative Capital overlooking the Green River, and it is developed by Waterway Real Estate Company, and it was established on an area of 42 acres, to contain various types of units. It also contains various services such as a sports complex, restaurants, cafes, and kids areas.
The City Valley Compound
The City Valley compound is located in the New Capital near the Sefarat neighborhood, in front of IL Bosco Compound. The compound occupies an area of 63 acres and contains apartments of various areas ranging from 100 square meters to 160 square meters, and it is implemented by Master Group Real Estate Investment.
Entrada Compound
The Entrada Compound is located in the seventh district of the New Capital, specifically in front of the exhibition area, it occupies an area of 72 acres and includes apartments, duplexes, and penthouses, and it is implemented by Sorouh Real Estate Development.
Oia Compound
Oia towers compound is located in the heart of the Administrative Capital near the Green River, and it occupies an area of 30 acres.It also contains real estate units for sale in Oia compound, such as apartments and penthouses, and it is developed by Edge Holding for Real Estate Investment.
La Verde Compound
It is located in the Eighth District (R8) of the New Administrative Capital, and within walking distance from the Al Sefarat neighborhood. It occupies an area of 35 acres to include apartments, duplexes, penthouses and detached villas, and is developed by La Verde Egypt Real Estate.
