Egypt plans major revamp for Downtown Cairo

The Egyptian government plans to revitalise Downtown Cairo by adding over 15,000 square metres of green and open spaces, 2,600 new hotel rooms, and approximately 1,200 serviced apartments, Cairo Governor Ibrahim Saber Khalil announced. The initiative also includes developing 10,000 square metres of cultural spaces while meeting key environmental standards.

The announcement came during a meeting chaired by Prime Minister Moustafa Madbouly with investors to explore tourism opportunities in the area.

Discussions included the repurposing of the Ministries District, featuring iconic buildings such as the Ministries of Justice, Education, Housing, and others. These heritage structures are set to be transformed into luxury hotels targeting high-end tourists.

Governor Saber highlighted previous restoration efforts from 2015 to 2017, which saw the renovation of 300 historic building facades, the development of five squares and ten streets, along with the launch of the first phase of the Nile Corniche and promenade project in 2017.

He also reviewed the first two phases of Downtown Cairo’s redevelopment, which involved refurbishing 32 historic buildings on Qasr El-Nil Street, upgrading shopfronts, illuminating facades, and clearing street obstructions. Upcoming phases will focus on Talat Harb Street, from Tahrir Square to July 26 Street.

Additionally, the meeting showcased the Nile Towers project in the Maspero Triangle, comprising three residential towers, each with 30 floors and 774 units. The towers will feature luxury villas at the top, spanning 5,250 square metres each, along with parking lots with a capacity of 1,272 vehicles. Opportunities for investment along the Nile Corniche were also highlighted.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama