Z-Advisor contracts with Mont to sell the Giza Mall shops, affiliated with the Upper Egypt Train Station, Invest-Gate reports.
For his part, Akram Al-Sheikh, CEO of Z-Advisor, says that the Upper Egypt Train Station project is one of the most important development projects implemented at the highest level of modern technology in the North Giza district.
Due to its investment properties and the advanced technological services, it provides citizens, the development of the Upper Egypt train station is estimated at EGP4.7 bn.
“Al-Sheikh” indicates that the Upper Egypt train station is in a location that attracts both citizens and investors. It mediates the Ramses and Giza railway stations close to the capital.
Al-Sheikh adds that the station is a meeting point for the main railway lines, as it has 3 crucial public transportation lines: the third line subway, the 6th of October monorail, and government bus lines.
Al-Sheikh explains that the project’s first phase began in January 2019 and ended at the beginning of 2023, and its cost is EGP350 mn due to its huge investments.
Meanwhile, the 2025 phase contains 10 residential towers, two 3-star hotels, and 2 private car garages. The total value of the two phases is estimated at EGP4.7 bn.
It is worth noting that the two companies that implemented the Upper Egypt train station are the General Nile Co for Roads & Bridges, affiliated with the Ministry, and Hassan Allam Holding.