Egypt Signs $202 Billion Deal for Four Mega-Projects

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Egypt Signs $202 Billion Deal for Four Mega-Projects

The agreement with Talaat ​Moustafa Group Holding covers the development, construction, and operation of four mixed-use real-estate ventures, according to a presidency statement.

Project Breakdown

🟠North Madinaty: a new urban development.

🟠Central Alexandria: an 11.3 million-square-meter project.

🟠Abu Qir: an industrial, logistics, and real estate economic hub northeast of Alexandria.

🟠North Coast: a destination modeled after South Med.

The deal is valued at 11 trillion Egyptian pounds ($202 billion), according to the presidency.

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