Housing
Minister Randa El‑Menshawi held a meeting to review progress on the development
of Maspero Triangle and Magra El‑Oyoun in Cairo.
El‑Menshawi said the
projects are part of the state’s plan to transform historic areas into modern
urban communities attractive for investment and housing. They aim to reshape
the capital’s image while offering residential, commercial, administrative, and
leisure uses.
The Maspero Triangle
project includes underground and upper parking for more than 600 cars,
commercial floors, two residential towers with 936 units already allocated to
eligible families, plus additional residential and administrative towers. Work
is also underway on Nile Maspero Towers, three 30‑floor residential buildings
with mixed‑use bases, parking, and a power station. Another project, Maspero
Towers, covers 8,419 m² with hotel, residential, and office buildings.
At Magra El‑Oyoun,
construction involves 79 residential buildings with 1,924 units, a hotel, and a
mixed‑use mall with restaurants, cinemas, and an open theater.
The minister
stressed the importance of meeting deadlines and accelerating work to achieve
the projects’ goals.
Source: The Egyptian Gazette