Egypt's CBE issues EGP5b FRN T-bonds    EHA launches national telemedicine platform with support from Egyptian doctors abroad    Madbouly reviews strategy to localize pharmaceutical industry, ensure drug supply    Egypt's real estate market faces resale slowdown amid payment pressures    Al-Mashat tells S&P that Egypt working to reduce external debt, empower private sector    Cairo's real estate market shows resilient growth as economy stabilizes: JLL    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt renews call for Middle East free of nuclear weapons، ahead of IAEA conference    Egypt's EDA, Korean pharma firms explore investment opportunities    Egypt's FM heads to Doha for talks on Israel escalation    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Misr Italia to establish Mideast's first vertical forest in NAC
Published in Daily News Egypt on 03 - 08 - 2019

Misr Italia Properties signed a cooperation agreement with Stefano Boeri Architetti, founder of the "Vertical Forest" concept, to establish the very first vertical forest in Egypt and the Middle East, which will be located in IL Bosco project in the heart of the New Administrative Capital (NAC).
“We aim at introducing trend-setting concepts that can improve the Egyptian real-estate sector and sustain the country's plan to achieve environmental sustainability,” Mohamed El-Assal, CEO of Misr Italia Properties, said during a press conference on Wednesday.
He added that this forest aligns with Misr Italia's vision to construct environmentally conscious communities in the heart of nature and surrounded by the green vast spaces.
Stefano Boeri, CEO of Stefano Boeri Architetti, said, “We are designing the first Egyptian Vertical Forest in an unprecedented and unique way. It will mainly consist of three 30-metre-high buildings, blending both nature and architecture perfectly. Wrapped in hundreds of green plants and trees on balconies and windows, the vertical forests aim at limiting pollution in urban cities."
Architetti added that the vertical forest concept was granted numerous awards, including the International Highrise Award in 2014 and the Best Tall Building Worldwide Award in 2015 by CTBUH.
“We are working on spreading the concept around the whole world, starting from Milan, throughout different continents, and to the Middle East and North Africa," he added.
Architetti is collaborating with Egyptian designer Shimaa Shalash as a local partner and the botanist and landscape designer Laura Gatti, to design architectural masterpieces.
With total project investments of EGP 3bn, the planned vertical forest buildings will host serviced apartments and a five-star delux international hotel chain, to be announced soon, while the other two buildings are going to include branded apartments for the same chain.
With the construction scheduled to start in 2020 and expected to be delivered by 2023, Misr Italia Properties is about to change the real estate sector in the whole region.


Clic here to read the story from its source.