IL Cazar, a prominent real estate company, has entered into a partnership agreement with Orange Egypt to provide telecommunications services and smart technology solutions for two of IL Cazar’s key projects in New Cairo, a satellite city within the metropolitan area of Cairo.
Residents of the Go Heliopolis and Creek Town projects will benefit from Orange’s Triple Play services, which include high-speed internet, IP telephone, and IPTV services. A fiber optic network will ensure seamless connectivity and enhance operational efficiency, significantly improving the overall living experience for residents.
The Go Heliopolis project, the first integrated residential complex in Heliopolis, spans 18,000 square meters with total investments of EGP 5 billion (approximately US$103.6 million). This multi-use development combines residential, commercial, and administrative spaces, catering to families with diverse needs.
The Creek Town project, located on 100 acres along the Cairo-Suez Road, is one of the most luxurious residential complexes in the area. It features a prime location in the heart of the First Settlement and includes 1,500 diverse residential units, such as apartments, townhouses, twin houses, and villas. All units offer distinctive views of open spaces, green areas, and water features that cover 80% of the project area. Total investments for this project amount to EGP 11 billion (about US$228.1 million), with the company achieving sales of EGP 3 billion (US$62.2 million) this year, out of a targeted EGP 4 billion (US$83 million) for 2024.
IL Cazar Development, a leading player in the Egyptian real estate market, is currently developing nine projects across residential, commercial, and administrative sectors, covering approximately 2,000 acres in prime locations in East Cairo and the North Coast.
