Orange Egypt is targeting a total volume of investments $135 million in establishing and operating a new data centre in the Administrative Capital, according to its CEO Yasser Shaker.
He made these comments on the sidelines of the signing agreement’s press conference between Orange Egypt and Administrative Capital for Urban Development company, which finalised the establishment and operation of the Administrative Capital data centre on Monday.
Shaker noted that a consortium of specialized international firms will take part in implementing the project and it will be completed within a year to cover all over the new capital.
Located 45 km (28 miles) east of Cairo over 170,000 feddans, the anticipated new capital city is expected to attract around 6 million population within the next two years.
The large-scale 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.
It will be a 270-square-mile hub with 21 residential districts to accommodate five million people.
The new capital is set to feature 1,250 mosques and churches as well as 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.