Who is the developer of VYE compound?

The company that owns VYE New Zayed is Sodic

Fully finished apartment for sale in VYE with installments

Reference: NS 19419

EGP 4,181,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 4,181,000

Fully finished apartment for sale in VYE with installments

Reference:

NS 19419

Price:

EGP 4,181,000 Installment

Price / Sqm:

EGP 26,462 Per Sqm

Finishing Status:

Super Lux

Area:

158 sqm

Bedrooms:

Bathrooms:

View:

Landscape

Delivery In:

2024

Listed:

Mon 20 Mar 2023

About VYE New Zayed

Apartment 3 Bedrooms for Sale in VYE - New Zayed By Sodic - Delivery Year 2024

VYE New Zayed Egypt: An Ambitious Development Project

VYE New Zayed Egypt is a massive development project that aims to transform a vast desert area located just outside Cairo into a modern, sustainable, and environmentally-friendly city. This ambitious project is being led by the government of Egypt, with the support of several international and local partners.

The project is named after the late Sheikh Zayed bin Sultan Al Nahyan, the founding father of the United Arab Emirates and a great admirer of Egypt's ancient culture and heritage. The vision behind VYE New Zayed Egypt is to create a new city that reflects the values and ambitions of Sheikh Zayed, such as environmental sustainability, social justice, and cultural diversity.

The project is expected to cover an area of around 700 square kilometers, making it one of the largest urban development projects in the world. The city will be strategically located near the new administrative capital of Egypt, which is being built from scratch just a few kilometers away.

According to the government, VYE New Zayed Egypt will be a smart city that integrates advanced technologies to enhance the quality of life for its residents. The city will feature green buildings, solar power plants, and advanced transportation systems that minimize carbon emissions and reduce traffic congestion.

Moreover, the city will have several cultural, recreational, and educational facilities, such as museums, libraries, theaters, sports centers, and schools, that provide ample opportunities for learning, entertainment, and social interaction.

The project is also expected to generate numerous job opportunities for Egyptians, especially in the fields of construction, engineering, and information technology. This, in turn, will contribute to the country's economic growth and development.

However, the project has not been without controversy. Some critics have raised concerns about the environmental impact of building a new city in the desert, arguing that it could lead to water scarcity, desertification, and the displacement of local communities.

Others have criticized the project's reliance on foreign investors and consultants, arguing that it could undermine Egypt's sovereignty and weaken its cultural identity.

Despite these challenges, the government of Egypt remains optimistic about the potential of VYE New Zayed Egypt to transform the country's urban landscape and enhance its global standing. The project is expected to take several years to complete, but many are eager to see how the city will look like once it becomes a reality.

MLS Realty
+201200070979