Egypt is building a 200-meter-high (656 feet) Zayed Crystal Spark in Sheikh Zayed City, which will become the tallest tower in the country, according to country’s Ministry of Housing. The tower will be launched during the Economic Summit to be held in Sharm El-Sheikh from March 13 to 15.
Sheikh Zayed City is a new metropolitan area and one of new-generation cities built in 1995 through the Sheikh Zayed grant facilitated by the Abu Dhabi Fund for Development. The city, divided into 20 districts of four neighbourhoods, is located in the province of Giza and is considered a suburb and a natural extension of Greater Cairo.
The development is located in the southern expansions of 6th of October City and will be worth a total investment of EGP 150 billion ($19.7 billion; Dh72.2 billion). Zayed Crystal Spark will be built on an area of 190 acres through a partnership between real estate developers and the New Urban Communities Authority (NUCA), the dailynewsegypt.com quoted country’s housing minister Mostafa Madbouly as saying.
The tower will be a commercial, administrative and entertaining project. However, the project cost was not disclosed. Sheikh Zayed City is a new metropolitan area and one of new-generation cities built in 1995 through the Sheikh Zayed grant facilitated by the Abu Dhabi Fund for Development. Source by Cairo Post.