TMG’s unit buys 500 feddans in Capital Gardens

TMG’s unit buys 500 feddans in Capital Gardens

TMG's unit buys 500 feddans in Capital Gardens The project will create up to 3.3 million direct and indirect jobs, according to the disclosure    Egypt - Talaat Moustafa Group (TMG) Holding's subsidiary, the Arab Company for Projects and Urban Development, purchased 500 feddans in Capital Gardens, east Cairo, according to a statement to the Egyptian Exchange.The EGP 500 billion project is expected to comprise over 140,000 residential units, in addition to commercial, administrative, medical, and educational facilities.TMG's new city, forecast to accommodate 600,000 people, will feature a 37-feddan campus, a 90-feddan sports club, and a five-star hotel, in addition to schools over an area of 30 feddans.The EGP 500 billion project is expected to comprise over 140,000 residential units, in addition to commercial, administrative, medical, and educational facilities.Egypt - Talaat Moustafa Group (TMG) Holding's subsidiary, the Arab Company for Projects and Urban Development, purchased 500 feddans in Capital Gardens, east Cairo, according to a statement to the Egyptian Exchange.TMG's new city, forecast to accommodate 600,000 people, will feature a 37-feddan campus, a 90-feddan sports club, and a five-star hotel, in addition to schools over an area of 30 feddans.The project will create up to 3.3 million direct and indirect