Construction begins on Mediterranean megacity twice the size of Barcelona: Egyptian metropolis will cover 65 square miles and feature tourist resorts, an airport and high-speed rail

2 hours ago 1

By Ted Thornhill, Mailonline Travel Editor

Published: 11:06 EDT, 7 October 2024 | Updated: 11:11 EDT, 7 October 2024

Construction enactment has begun connected a megacity successful Egypt that volition beryllium doubly the size of Barcelona, location to 2 cardinal radical and screen 170 quadrate kilometres (65 quadrate miles).

The Mediterranean Ras El-Hekma development, 350km (217 miles) northwest of Cairo, volition incorporate residential districts, planetary hotels, tourer resorts, play courses and amusement venues, arsenic good arsenic hospitals, schools, universities, a marina and high-speed obstruction connectivity.

It’s 'envisioned arsenic a afloat functional, smart, sustainable, and inclusive municipality assemblage situated against the scenic coastline'.

By 2045, the metropolis is expected to lend $25billion (£19billion) a twelvemonth to Egypt’s system and is forecast to make 750,000 jobs.

When a projected caller airdrome is created, it volition beryllium a four-hour formation for implicit 400million tourists.

Construction enactment has begun connected Ras El-Hekma (above) - a megacity successful Egypt that volition beryllium doubly the size of Barcelona

The task is being backed by Abu Dhabi-based sovereign money ADQ, which connected Friday appointed UAE developer Modon arsenic the maestro developer of the immense metropolis successful a ceremonial attended by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Egyptian President His Excellency Abdel Fattah El-Sisi.

His Excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, said: ‘Ras El Hekma is destined to go a determination crown jewel successful a state already famed for its affluent and divers attractions.

‘Modon Holding is arrogant to bring this 170-million-square-metre visionary megaproject to life, leveraging our expertise and innovative approach.

In the beingness of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, ADQ, an Abu Dhabi-based concern and holding company, appointed Modon Holding PSC arsenic the maestro developer for the Ras El Hekma megaproject

‘With our partners, we are poised to alteration Ras El Hekma into a dynamic economical powerhouse and a planetary exemplary for municipality development.’

His Excellency Mohamed Hassan Alsuwaidi, Managing Director and Group Chief Executive Officer of ADQ, said: ‘As a task of unprecedented standard and impact, Ras El Hekma volition beryllium a catalyst for the improvement of Egypt’s system by offering opportunities for businesses and stimulate tourism.

‘Modon Holding brings a wealthiness of expertise successful maestro readying and volition pioneer state-of-the-art, innovative solutions, creating a destination that volition present semipermanent worth for Egypt and its people.’

A memorandum of knowing has been signed with Accor and Ennismore to run hotels and resorts successful Ras El Hekma.

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