Emaar Misr has celebrated launching the first phase of the Belle Vie project in the new Sheikh Zayed City, Invest-Gate reports.
Belle Vie is Emaar Egypt’s second project in West Cairo after the Cairo Gate project. Belle Vie is on an area of 500 acres with investment rates estimated at EGP 38 bn. It is characterized by the presence of a green valley extending over 1,400 meters, a lake surrounded by green areas, a sandy beach, a multi-activity social & sports club, an open area for services ( shops – restaurants), and an educational institution, according to a company press release on March 28.
Muhammad Ali Al-Abbar, the founder of Emaar Real Estate, says during his speech in the ceremony, “The world is optimistic and the trend is towards the positivity with great effort after a year full of challenges. Despite all of this, Emaar was able to continue working on its various projects and achieve more success stories, in cooperation with its partners. One of its chapters today is witnessing the launch of the first phase of the Belle Vie.”
“We have a vision in Emaar Egypt in investing in the new areas. We also started our projects in Marassi in areas that were early at the time, but we have a future vision of being in these areas, which over time became vital and important centers,” Al-Abbar elaborates.
“We see the same in the Belle Vie site, which is located near the Sphinx Airport, the business area in the smart village next to the archaeological areas in the pyramids, and the Grand Egyptian Museum,” he concludes.