Duplexes for sale in New Capital Ri8
EGP 5,978,000
Duplexes for sale in New Capital Ri8
Duplexes for Sale in Ri8 - New Capital By ERG - Delivery Year 2026
The Ri8 New Capital Egypt is a new large-scale project set to transform Egypt’s economy and create a new hub for business and investment in the country. The project, which is expected to cost $45 billion over five years, is the largest of its kind in the region and will be a major boost to Egypt’s economy. The project was announced in 2017 by President Abdel Fattah al-Sisi and is being developed by the New Urban Communities Authority (NUCA).
The project is being built on a 700-square-kilometer area of land located 45 kilometers east of Cairo and will include a number of commercial and residential projects, including a new financial district, a new administrative district, a new industrial zone, and a new metropolitan area.
The project will also include 8 new cities, a theme park, a business district, and a residential district. It is expected to create more than one million jobs in the country and attract more than $50 billion in investments. The project will also help to reduce overcrowding in Cairo, which has an estimated population of 20.7 million.
The project is being funded by the Egyptian government, a number of foreign investors, and a number of private sector
Ri8 Residential apartments in Ri8 from ERG Real Estate Development Company, an integrated residential project in a privileged location in one of the new cities with a future, which is the New Capital, housing in a variety of apartments in apartments with garden. The company has chosen a strategic location in Ri8 Compound, New Capital, in the second row of the Mohammed Bin Zayed Southern Axis, and enjoys a wonderful view of the Green River that passes through the New Capital. The Wright Capital project occupies an area of 25 acres, complete with privacy, tranquility, and good views of green spaces and landscapes. Ri8 Compound, New Capital, includes the largest amount of integrated entertainment services that are indispensable in any project, which in turn meet all the necessary life needs and all customer requirements.
ERG Ri8 Compound, New capital, implement by Emaar Rizk Real Estate Investment Group, one of the most important real estate companies in the Egyptian market, the developer and executor of this huge project. The company was founded by Mr. Mohamed Hamdi Mustafa Rizk in 2005 and he owns Rizk Shipping Company and Rizk Wood Company for Import and Export. It is also an Egyptian joint stock company, and the company has succeeded in implementing many real estate projects.
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