Since Egypt’s adoption of the policy of developing new cities for national progress, it established several cities that involved various development stages. Out of its three levels, the second generation cities produced New Cairo, a place featuring an exclusively developed location. Spread across 70,000 acres, Cairo plays a key role in reducing the bustle in its downtown area. The city is home to more than 5 million people and is one of the market leaders in terms of real estate and investment. Over the past decades, it has attracted numerous investors and brands, turning into a major destination for business owners. Take a look at the various elements that make Cairo the go-to for innovation and development.
Quality and infrastructure
Being a smart city, Cairo features ultramodern facilities and infrastructure to maintain its extravagance in the long run. The government makes sure that every piece of development uses top-notch material to improve the new capital. So, investors do not need to worry due to the city’s focus on quality. It makes the place beneficial for most as you can spend little and get higher benefits than expected.
Location
As mentioned before, Cairo is widely known for its location, which is strategically close to Ras Suder and Sokhna and is also the centre for governmental activities. This leads the city to enjoy improved networking. The people are efficiently connected to administrative services and facilities. Not only that, but it is also a great place for recreation and entertainment, which attracts visitors and brands looking to make an investment.
Green city
Apart from the many benefits that the city offers to businesses, the most important one is its green way of life. While most cities ignored maintaining a green lifestyle initially, Cairo is one of the few places that embrace the vibrant green lifestyle. Lately, the world population have also started to understand the advantages that a green city brings them, so it encourages tourism to a great deal. With luxury on one hand and a healthy environmental condition on the other, it is undoubtedly a place that welcomes real estate and various other businesses with open arms.
A great place for outsourcing
The capital has established a strong position in the international market as one of the best outsourcing locations. It offers its services to numerous companies based in the UK, USA, Africa, Canada, Europe and the Middle East. Some of its credit goes to the people who are brilliant at written and spoken English, Spanish, German and French, which promotes the city as one of the major outsourcing hubs.
Cairo appeals to foreign investors and real estate brands because of its close relationship with many global gas and oil companies. Additionally, the support provided by the government is also a big contribution to its successful bonds with other nations. Those who are seeking luxury or plan to make large investments, the constant growth in free trade, revitalisation of assets and reduced tariff rates is just what you need to run a successful business in the Egyptian capital.