Egypt-based Capital Hills Developments has launched its Capital Towers mixed-use project in Sixth of October city at an investment of 5 billion Egyptian pounds ($162 million).

Company chairman Mohamed Salah told Zawya Projects that Capital Towers comprises of five buildings that include offices, retail, medical, hospitality, and entertainment units.

He added that the 21,000-square metre project would complete after two years.

Capital Hills Developments is also building East Point 1 Mall in the Fifth Settlement at an investment of EGP1 billion ($33 million).

Salah said the four-storey mall would complete by the end of 2025.

He said the company is planning new projects in East and West Cairo in the coming period.

(1 US Dollar = 30.80 Egyptian Pounds)

(Reporting by Eman Hamed; Editing by Anoop Menon)


Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.