{"id":324122,"date":"2021-12-07T13:56:17","date_gmt":"2021-12-07T13:56:17","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324122"},"modified":"2021-12-07T13:56:17","modified_gmt":"2021-12-07T13:56:17","slug":"egypt-inks-deal-with-us-consortium-to-develop-tahrir-complex-for-egp-3-5bn","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/12\/07\/egypt-inks-deal-with-us-consortium-to-develop-tahrir-complex-for-egp-3-5bn\/","title":{"rendered":"Egypt inks deal with US consortium to develop Tahrir Complex for EGP 3.5bn"},"content":{"rendered":"<p><strong>\u00a0<\/strong>Egypt has signed an agreement with a US consortium to\u00a0develop\u00a0and rehabilitate Tahrir Complex with total investments of more than EGP 3.5 billion.<\/p>\n<div id=\"Outstream\"><\/div>\n<p>The consortium, comprising\u00a0Global Ventures, Oxford Capital, and\u00a0Al Otaiba Investments, has won a global tender\u00a0for providing\u00a0the best technical and financial offers, in addition to their\u00a0great expertise in developing landmark buildings across the US and Europe, according to a recent statement by the Egyptian Cabinet.<\/p>\n<p>The agreement is in line with the strategy of the Sovereign Fund of Egypt to rehabilitate Tahrir Complex for\u00a0commercial, cultural, and administrative purposes and attract foreign investments and the government&#8217;s vision to develop the downtown area.<\/p>\n<p>The\u00a0<strong>CEO\u00a0of the\u00a0Sovereign Fund\u00a0of\u00a0Egypt, Ayman Soliman,<\/strong>\u00a0said that Tahrir Complex&#8217;s development is based on\u00a0a market study carried out\u00a0by\u00a0Colliers\u00a0to achieve the highest revenues from the asset while making the best\u00a0use of\u00a0it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Egypt has signed an agreement with a US consortium to\u00a0develop\u00a0and rehabilitate Tahrir Complex with total investments of more than EGP 3.5 billion.<\/p>\n","protected":false},"author":4,"featured_media":324123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24,33],"tags":[417],"class_list":["post-324122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-partners","category-main","tag-tahrir-complex"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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