Nile Developments Presents EGP 15 Bn Project in MIPIM 2023

Nile Developments showcases its Tycoon Tower project in the MIPIM 2023 exhibition in France, Invest-Gate reports.

Tycoon Tower is implemented with investments exceeding EGP 15 bn.

It allows easy access to it from all major axes, as it is located in the middle of the Downtown area and is close to 80% of the landmarks of the new capital.

Mohamed Taher, Chairman of Nile Developments, notes: “Tycoon Tower is a great model that reveals the urban development of skyscrapers in Egypt, and further positions the New Administrative Capital as a global attractive hub for golden investment opportunities.”

For his part, the Vice Chairman of Nile Developments, states: “The Tycoon Tower project is the third highest skyscraper in Africa and the second highest in Egypt. It highly aligns with the vision and strategy of our company to proceed with its success journey in NAC.”

MIPIM is a real estate exhibition held in Cannes, France, between 14 and 17 March.

Egypt’s participation in the event comes under the auspices of the Ministry of Housing, Utilities, and Urban Communities alongside the Administrative Capital for Urban Development Company.

It is notable that the MIPIM real estate exhibition sees participation from 80 countries, over 2,400 exhibitors, more than 2,000 real estate investment funds, and some of the largest banks.

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