Mega Projects Market Insights

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    23-Jul-2016

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Roots Land Real Estate is your property partner in the U.A.E. We are committed to assisting you with the entire process of purchasing or selling your desired property. Our experience in Dubai and Abu Dhabis property markets has provided us with invaluable insight that is largely beneficial to investors. Visit our website: http://www.rootsland.com/

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<ul><li><p>www.roostland.com | Dubai Real Estate Broker Roots Land Real Estate </p><p>Mega Projects Market Insights </p><p> Colliers </p></li><li><p>www.roostland.com | Dubai Real Estate Broker Roots Land Real Estate </p><p> A number of national mega projects are planned and </p><p>implemented including Cairo Airport City, Suez Canal </p><p>expansion, and New Capital City that are likely to drive </p><p>demand for additional real estate products. </p><p>SUEZ CANAL EXPANSION </p><p>The Suez Canal expansion will irease the Caals aual revenues from US$5.3 billion to approximately US$13.2 </p><p>illio i 0. Aordig to the Suez Caal Authorits projections, daily transits will rise from their current level </p><p>of 49 ships to 97 ships by 2023. </p><p>Mega Projects - Market InsightsOne of the canal </p><p>epasios positive ipats is a plaed shee of establishing an airport in Ain Sokhna. This will enhance </p><p>the corporate demand for residential, commercial, retail, </p><p>education and healthcare facilities along with hotel </p><p>rooms, especially in the East side of the City Centre. </p><p>Airports and aviation sector around the Suez Canal are </p><p>also planned to compliment the major investment being </p><p>made to expand the Suez Canal. </p></li><li><p>www.roostland.com | Dubai Real Estate Broker Roots Land Real Estate </p><p>CAIRO AIRPORT CITY </p><p>Cairo Airport City is aimed at positioning Cairo as the centre of the region through a </p><p>series of logistical, retail, and recreational developments. There is a study to link the </p><p>Airport City with the new Suez Canal through a new railway line with Ain Sokhna port, </p><p>and Cairo International Airport. Cairo Airport is likely to be a major assembly and </p><p>distribution centre of passengers and cargos. </p><p>The Airport City is a complete city around the airport and will include a new trade free </p><p>zone, cargo village, factories belonging to the civil aviation for packaging, and food </p><p>outlets. In addition, an entertainment area, administrative offices, hotels and a hospital </p><p>are planned or under construction. The project is expected to provide more than </p><p>120,000 jobs on the short and long term. This will translate to additional demand for </p><p>residential units, commercial space, and hotel rooms. </p><p>NEW CAPITAL CITY </p><p>The New Capital City is expected to be a new administrative and financial district, </p><p>extending Cairo eastwards to the Coast of Red Sea. According to the Egyptian </p><p>Government and the master planners, the City will be a new urbanization area that is </p><p>projected to host over 7 million residents. The new city is expected to be surrounded by </p><p>local schools, religious buildings, civic amenities and shops. </p><p>The project is expected to attract domestic and international investors. Therefore, a </p><p>stronger demand for real estate developments is anticipated in the future. </p><p>About Roots Land Real Estate: </p><p>Roots Land Real Estate is your property partner in the U.A.E. We are committed to </p><p>assisting you with the entire process of purchasing or selling your desired property. Our </p><p>experience in Dubai and Abu Dhabi?s property markets has provided us with invaluable </p><p>insight that is largely beneficial to investors. </p><p>Learn more about http://www.rootsland.com/ </p></li></ul>