Egypt's Talaat Moustafa Group Announces $27 Billion City Development East of Cairo

Egypt's Talaat Moustafa Group (TMG) has announced plans to build a $27 billion mixed-use city called The Spine east of Cairo in partnership with the National Bank of Egypt. The project is expected to generate significant tax revenue and create over 55,000 direct jobs.

By https://www.facebook.com/CNBC · CNBC ·

Egypt's Talaat Moustafa Group Announces $27 Billion City Development East of Cairo

Topics: economic growth infrastructure job creation public-private partnership real estate development

Read the full article at CNBC

More World news