Orascom Development announced that it has accelerated the construction of its 1,000-acre O West project in West Cairo as it aims to deliver more than 1,000 residential units during 2023.

The company shared key updates in a statement issued on Thursday. 

  • 444 villas have been built; construction of 1,015 apartments and 236 townhouses currently underway.
  • Construction of 119 units within O Business District, which focuses on supporting startups and entrepreneurship, has begun
  • Construction of the 38-acre O West Sports Club is scheduled to begin to ensure Phase 1 opens by the second half of 2023. 

The statement said Tamer Dewidar has been appointed CEO of O West, alongside his roles as CEO of Makadi Heights and Byoum.

O West will eventually have 11,000 residential units, as well as an educational area composed of 4 major international schools with 5 international curriculums, including British, American, and German and international systems

(Writing by Marwa Abo Almajd; Editing by Anoop Menon)

(anoop.menon@lseg.com)