ICEC

Misr Italia gets state approval for its Egypt new capital project IL Bosco

Egyptian property developer Misr Italia, which advances IL Bosco flagship in the country’s new capital, has obtained on Tuesday a ministerial approval for the project.

The project will span over 200 feddans amongst exclusive residential districts and connected to the main lines of transportation at the heart of the new capital.

From Vertical Forests to quiet meadows, a cross section of environments that weave IL Bosco into an ecological haven in the city. A revolutionary concept to be implemented in the Middle East and North Africa for the first time in the firm’s world class project.

Located 45km (27.9 miles) east of Cairo, the anticipated new capital city is part of the Egyptian government’s plan to expand urban areas to deal with the state’s rapid population growth and improve the nation’s infrastructure.

The new capital is set to be a 270-square-mile hub with 21 residential districts to accommodate five million people. It will feature 1,250 mosques and churches, a 5,000-seat conference center, nearly 2,000 schools and colleges, over 600 medical facilities and a park that is projected to be the world’s largest.

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