UAE’s shopping malls operator Majid Al Futtaim inaugurated an EGP 100 million Mall of Egypt Road, according to an email statement on December 19th.
The six-kilometer road was implemented in partnership with the Egyptian Armed Forces Engineering Authority with over EGP 100 million in investments.
The road offers alternative routes to and from key locations in the 6th of October and Sheikh Zayed cities.
The project includes lighting and landscaping contributed by Majid Al Futtaim.
"The project showcases the Authority‘s keenness in involving the private sector in the country’s development witnessed during President El-Sisi’s presidency, specifically with regards to the establishment of new cities, which the authority is currently contributing to, along with a number of investors – all with a total investment of EGP 1.1 trillion," Head of the 6th of October City Development Authority, Adel El Naggar, commented.
"This remarkable milestone is a testament to Majid Al Futtaim’s contribution to the local infrastructure, which has included the development of over 18 kilometers of roads, two bridges, five roundabouts, and two pedestrian bridges – all during the construction of Mall of Egypt, City Centre Almaza and City Centre Maadi," Country Head at Majid Al Futtaim Properties Egypt, Diaa Yahia, said.
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