Location:
La Verde - New Capital City
Finishing Status:
Semi Finished
Delivery Year:
Ready To Move
La Verde New Capital is a real estate development project that is currently under construction in Egypt's new administrative capital city. The project is being developed by Egyptian billionaire, Naguib Sawiris, and is an integral part of the broader governmental initiative to relocate the Egyptian government from Cairo to the new capital city. The project aims to create a dynamic urban hub in the new capital for cultural, educational, commercial, recreational, and residential purposes.
When complete, La Verde New Capital will feature a variety of facilities and services. These include a shopping mall, restaurants, entertainment venues, educational institutions, businesses, clinics, and housing units. It is expected that the total amount of land allocated for the project will exceed 115 million square meters. It will also include green spaces, natural landscapes, and an extensive river system.
The project features the use of innovative technology and design principles to maximize the efficiency of resource consumption, reduce environmental impacts, and create a safe, comfortable, and reliable living space for its inhabitants. For example, the architects involved are utilizing modern materials such as off-site prefabricated construction elements, intelligent building systems, solar powered energy systems, and smart home automation. Additionally, the project has an independent waste management system, a green-building certification system, and a comprehensive monitoring network.
Overall, La Verde New Capital is an ambitious project that seeks to revitalize the Egyptian economy while providing quality real estate options and improving the quality of life for its citizens. The project is in line with the country's goal of repositioning itself as a regional leader in terms of technological advancement, economic growth, and social welfare.