Cairo – Mubasher: Egyptian businessman Naguib Sawiris responded to criticism of his new high-rise buildings project in Sheikh Zayed city.
A real estate development firm owned by the Egyptian tycoon won a contract to develop 58.9 acres (feddans) in Sheikh Zayed in partnership with the state-run New Urban Communities Authority (NUCA).
The project, whose cost was not mentioned, will include a 20-storey building, accounting for 10% of the development’s area, while the remaining buildings will only have nine stories with a ground floor, Sawiris said on Twitter.
Sheikh Zayed city has similar high-rise buildings one kilometre away from the new planned project, the executive chairman of Orascom Investment Holding (OIH) added.
The project will have the same accommodation capacity provided by a three-storey building compound with ground floors without green areas, Sawiris noted, highlighting that the project’s current design includes 95 acres of green areas and garages.
Sawiris revealed signing a contract with an international landscape design company for designing Shiekh Zayed Central Park.
