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Egypt Future Cities | New Opportunities

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With approximately 100 million people, Egypt is the most populous country in the middle east. This has grown by almost five million over the past two years, of which 69% of the current population is under 35 years of age. This rapidly increasing population requires accommodation, schools, healthcare facilities, office space and retail entertainment centers.

To accommodate this, Egypt's new cities program, which started in the 1970's and now into its 4th generation, is creating 45 new cities. These are divided into three categories satellite, twin and independent cities. They are further classified as first, second, third and currently fourth generation cities. Those categories will be discussed later into the report.

There is however a major challenge across Egypt's urban expansion While residential units are easily being sold and absorbed mostly in anticipation of capital appreciation, occupancy rates across the majority of the new cities do not exceed 30%.

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Egypt Future Cities | New Opportunities

Download Report