Egypt’s successful economic policies, alongside extensive state investments in infrastructure, road networks, utilities, and public services, have driven land prices in New Cairo to unprecedented levels, raising the market value of prime land in the area to approximately USD 1 billion.
Within the framework of close cooperation between Horizon Egypt Developments and the Lands Projects Authority, and as part of the company’s commitment to supporting the Egyptian government’s urban development plans and strengthening the national investment climate, Horizon Egypt Developments announced the completion of all procedures to acquire the land for its SA’ADA New Cairo project, which is affiliated with the Lands Projects Authority.
This strategic transaction reflects a high level of trust and coordination between both parties and has contributed to enhancing the area’s market value and investment standing. It also supports the stability and growth of the land market while increasing its appeal to investors.