Egypt's current account gap narrows, but overall BoP records deficit    Egypt's PM reviews debt reduction strategy, eyes more private investment    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian pound ticks down in early Tuesday trading    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt exports 175K tons of food in one week    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    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    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    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 delivers 1,500 units within IL Bosco project at NAC
Published in Daily News Egypt on 27 - 02 - 2024

Misr Italia Properties (MIP) has delivered more than 1,500 units in its residential project IL Bosco at the New Administrative Capital (NAC), making it the first private-sector real estate developer to have a fully integrated livable zone in the new city.
The company hosted an official visit to showcase the first integrated zone in IL Bosco, which consists of villas, apartments, a sports club, a swimming pool area, and a community center, along with other facilities designed to enhance residents' living experiences.
MIP had previously delivered the first phase of IL Bosco a year ahead of schedule and is currently working on the second phase, which aims to develop over 3,000 units for future delivery.
Mohamed Khaled Al-Assal, CEO and Managing Director of MIP, said that the company invested a total of EGP 3.9bn during the years 2023-2024 to create this magnificent landmark.
The visit also marked the signing of a partnership between MIP and Telecom Egypt, the first integrated telecommunications operator and 5G service provider in Egypt. Through this partnership, Telecom Egypt will provide Fiber To The Home (FTTH) and surveillance solutions, including analytics AI systems, for IL Bosco.
Mohamed Nasser, CEO and Managing Director of Telecom Egypt, said that Telecom Egypt plays a pivotal role in providing integrated communication and smart city services for new real estate projects, meeting the evolving needs of customers. He added that Telecom Egypt has a strong infrastructure and extensive technical expertise, making it the preferred partner for over 90% of major real estate projects in Egypt.
IL Bosco is the first project to unveil a fully integrated livable zone in the NAC, featuring Radical-1, the first commercial, residential, and administrative project in the new city, and the Vertical Forest, the first of its kind in Egypt and the Middle East. IL Bosco also offers a vibrant community center with a pool area, and a residential area with both villas and apartments, surrounded by wide green spaces and overlooking the Green River and the largest central park in the world. MIP's other projects in the NAC include Vinci, which features Vinci Lagoons, the first swimmable lakes in the capital, and Vinci Street.


Clic here to read the story from its source.