Emaar Properties’ Egyptian subsidiary, Emaar Misr will spend up to 250 million Egyptian pounds (around $35 million) to implement a new bridge links New Cairo to Mokattam district, Cairo governor Galal El-Saeed said.
According to the Egyptian official, Emaar Misr has expressed readiness to cooperate with the Transportation Ministry’s General Authority for Roads, Bridges & Land Transport (GARBLT) and Cairo authorities, so as to conclude the new bridge within the current phase.
As part of its 4.5 million square metre development called Uptown Cairo, Emaar Misr will implement the bridge project, seeking to overcome the congestion and space constraints in downtown Cairo and facilitate commuting to and from central Cairo to New Cairo.
Emaar Misr is expected to finalise the bridge project in less than a year, said El-Saeed.
