Home Construction US $20bn Entertainment District set to be constructed in Egypt

US $20bn Entertainment District set to be constructed in Egypt

An Entertainment city is set to be constructed in Egypt at a cost of US $20bn. The Entertainment District, spanning 4,256 acres, will be in Egypt’s New Administrative Capital, which has been under construction since 2015. This is after ATIP New Capital Entertainment ATIP Entertainment won a contract from the Administrative Capital for Urban Development for the developer.

The contract involves providing design, entertainment technology, and management for the project. The project will be developed in three phases over a period of 10 years. It will include the construction of 4-star and 6-star resorts and themed hotels, luxury homes, villas and high-rises, a wellness center, high-end and regional shopping, and dining, a VIP golf course, and other recreational and green space activities and theme parks. The Entertainment District will also feature, cultural arts center, convention center, aviary, butterfly, topiary and botanical gardens/conservatories, planetarium, museum, and recreational activities for children, sports, and concert stadium, Formula One racetrack, and an entertainment college.
The development will also include a multi-modal transportation hub that will connect with the New Administrative Capital’s superhighways, infrastructure, and high-speed rails. Over 700,000 jobs will be created during the construction period.

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