Mohammed Alabbar to build ‘Arabian Eiffel Tower’ in Cairo
New plans are released for a colossal development in the heart of Cairo, spearheaded by HE Mohammed Alabbar. 'The Capital Cairo' project will have an Eiffel Tower style tourist tower at its centre, which is set to become the new iconic landmark for the city when it is finished…
A huge new development in Egypt has been announced, and a private real estate investment fund company founded by UAE businessman Mohammed Alabbar, is set to spearhead the project. The Capital Cairo project, is reported to be costing $45 billion, and will include a landmark tower similar to the Eiffel Tower in Paris, creating a new iconic skyline for the city.
The colossal development plans will spread over 700 square km (roughly the size of Singapore) and will include a huge amusement park to rival Disneyland, a new airport and a series of solar powered fields which form part of the developments sustainable strategy.
Perhaps the most instantly recognisable part of the plans and a major attraction to visitors is the tourist tower set to resemble the Eiffel Tower in Paris. A replica of the Paris iconic landmark is also due to be built in Dubai as part of the Falconcity of Wonders project.