{"id":676099,"date":"2025-11-24T00:00:00","date_gmt":"2025-11-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/24\/govt-to-offer-up-to-seven-new-investments-in-cairos-historic-center\/"},"modified":"2025-11-24T00:00:00","modified_gmt":"2025-11-24T00:00:00","slug":"govt-to-offer-up-to-seven-new-investments-in-cairos-historic-center","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/24\/govt-to-offer-up-to-seven-new-investments-in-cairos-historic-center\/","title":{"rendered":"Gov\u2019t to offer up to seven new investments in Cairo\u2019s historic center"},"content":{"rendered":"

The gov<\/strong>ernment is set to offer five to seven new potential investments in the capital\u2019s <\/strong>historic core<\/strong> to the private sector next year<\/strong>, a senior government official told EnterpriseAM. The move comes as part of the government\u2019s efforts to revive the heart of Cairo and transform it into a commercial and tourist hub.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The plan includes building retail areas and malls on vacant land near the Fustat <\/strong>Garden project. <\/strong>Also on the list is the repurposing of several historic buildings into commercial spaces and hotels while preserving the historic character and visual identity of the areas they are in.<\/p>\n

The plan also includes the previously announced offering of former ministry buildings<\/strong>, which were relocated to the new capital. The former government buildings will be ready for investment under the plan following a revaluation of the assets, according to the source.<\/p>\n

Projects in vacant land and public gardens in Downtown Cairo will also be offered<\/strong>, including the establishment of entertainment and tourist areas to accommodate rising visitor demand, the official said.<\/p>\n

REFRESHER- <\/strong>The investments tie into the Sovereign Fund of Egypt\u2019s plans to offer<\/a> the Ministries Square area and other Downtown assets to investors as part of its larger privatization and redevelopment push for the area.<\/p>\n

Investments will also include managing projects completed by the Urban Development <\/strong>Fund<\/strong>, such as hospitals, integrated service areas, and administrative office spaces for companies under lease agreements.<\/p>\n

\u201cWe have received a large number of Gulf and international offers for various areas in <\/strong>Historic Cairo<\/strong> for development under usufruct or public-private partnership models,\u201d the official said, adding that the government is finalizing the overall development plan for the project to maximize potential revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"

The areas have already received interest from investors in the GCC and further afield<\/p>\n","protected":false},"author":1,"featured_media":676100,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7321],"tags":[72,81,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-privatization-watch","tag-enterpriseam","tag-privatization-watch","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"c866c104-b8c1-4ec9-bbbf-6e7458481e1f","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/1784.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt to offer up to seven new investments in Cairo\u2019s historic center","related_issue":[676094],"teaser":"The areas have already received interest from investors in the GCC and further afield","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.e0118259-330d-4f08-93ab-35080cd8a8b4.mp3"},"yoast_head":"\nGov\u2019t to offer up to seven new investments in Cairo\u2019s historic center - 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