FAG/MNHD – Cairo Shopping Mall Development – Cairo - Project Profile
"FAG/MNHD – Cairo Shopping Mall Development – Cairo - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Fawaz Al-Hokair Group (FAG) and Madinet Nasr Housing & Development (MNHD) are planning to construct a shopping mall in Cairo, Egypt.
The project involves the construction of a 68,500m2 shopping mall on 10ha of land. It includes the construction of retail stores, leisure facilities, restaurants, parking and related facilities.
On May 25, 2015, FAG received in-principle approval from the MNHD to develop the project.
The Egyptian Centers for Real Estate Development, a subsidiary of FAG, will undertake the construction and will operate it for the remainder of the usufruct period of the project.
The project involves the construction of a 68,500m2 shopping mall on 10ha of land in Cairo, Egypt.
The US$91 million project includes the following:
1. Construction of retail space
2. Construction of leisure facilities
3. Construction of restaurants
4. Construction of parking and related facilities
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