Officials Follow Up on Maspero Triangle Project

Officials Follow Up on Maspero Triangle Project

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, and Khaled Abdel Aal, Governor of Cairo, hold a meeting to follow up on the implementation status of the Maspero Triangle development project, in the presence of officials of the Ministry of Housing, Cairo Governorate, and the Informal Settlements Development Fund (ISDF), Invest-Gate reports.

El Gazzar indicates that the Prime Minister and other leaders pay a great deal of attention to the development projects being implemented in Cairo, stressing the need to speed up implementation rates, and adhere to the stipulated timetables.

During the meeting, the implementation status of the towers project in the Maspero area has been reviewed. It is stated that the internal and external finishing works of the towers project are currently carried out.

The towers project consists of a 19,220-sqm basement garage with a capacity of 353 cars, a 16,970-sqm ground commercial floor, and a 15,800-sqm first floor (upper garage) with a capacity of 280 cars.

Moreover, the project includes two alternative housing towers for original residents, each of which consists of 18 residential floors with a total of 468 housing units. Besides, the third tower, with a height of 23 residential floors, encompassing 134 housing units. The fourth administrative tower consists of a basement, commercial ground floor, and 15 other floors.

It is noteworthy that the Maspero Triangle area is located in the Boulaq Abu Al-Ela neighborhood, featuring a 900-m waterfront, and spans over 75.19 acres.

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