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Cairo Festival City

Discussion in 'Egypt property' started by queenie40something, Apr 22, 2008.

  1. queenie40something

    queenie40something Senior Member

    Hi all

    I have just read about a new 20 billion Egyptian pound mega project modelled on Dubais Festival City that was launched yesterday. It will be located near to Cairo airport and spread over 3 million square meters. The city will be self contained and offer retail, hotels, luxury residential apartments and villas, offices and schools. The citys shopping centre and phase 1 of the residential units are expected to be ready for handover by the end of 2010 and the rest to be completed by 2011. It is expected to create 1500 jobs by the end of this year. The developer expects it to generate 1000's of jobs for Egyptians once completed.
     
  2. where did you read this queenie?
     
  3. queenie40something

    queenie40something Senior Member

  4. Lsab

    Lsab New Member

    Had a look at those links Alison - thank you. Also looked at several others but can't find anything on whats actually available or prices. Al Futtaim's website's got nothing either! It looks as though it will be a huge project which suprisingly, they say will be complete in 2011.
     
  5. in cairo here they have couple o signs in key locations
     
  6. Lsab

    Lsab New Member

    Any chance that you could find out more about it whilst you're there please George? I know you're on holiday so don't work hard to get details :)
     
  7. queenie40something

    queenie40something Senior Member

    Here is the location on google earth Cairo Festival City I think as it has just been unveiled it may be too early for the prices.
     
  8. i will try but theris no contacts or website just name
     
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