Egypt‘s Prime Minister Unveils Vision to Transform Ministry Square into a Tourism Hub
In a significant step towards revitalizing downtown Cairo, Egypt’s Prime Minister, Dr. Mustafa Madbouli, has revealed a vision to transform the Ministry Square area into a bustling tourism hub. The plan, part of an ongoing effort to redevelop the central business district, involves converting the vacated ministry buildings into hotels, while also prioritizing pedestrian streets in the area.
The Prime Minister highlighted this initiative during a meeting aimed at reviewing the development works and investment opportunities in downtown Cairo. The session showcased the heritage buildings and historic sites in the Ministry Square area, with a focus on leveraging their unique architectural value.
The Ministry Square redevelopment project, set to be rolled out in phases, will divide the area into six distinct zones. These zones include several notable buildings such as the Ministry of Justice, the Ministry of Education, the Ministry of Housing, Utilities, and Urban Communities, the General Authority for Planning Affairs, the Ministry of Supply and Internal Trade, and the Ministry of Military Production. The plan emphasizes the potential of these buildings, particularly the historic ones, to host world-class hotels catering to high-end tourism markets.
The meeting also discussed government buildings in downtown Cairo available for investment, including the Ministry of Water Resources and Irrigation on Corniche El-Nil, the Ministry of Foreign Affairs on Corniche El-Nil, the Ministry of Local Development in Garden City, and the Ministry of Tourism and Antiquities in Zamalek. The reutilization of these properties was also a key topic of conversation.
The redevelopment plan promises to add over 15,000 square meters of green spaces, along with approximately 2,600 new hotel rooms and 1,200 hotel apartments. It also aims to establish around 10,000 square meters of new cultural venues, all while adhering to stringent environmental standards.
The Prime Minister stressed that these investment opportunities would be open to all interested investors, with the goal of maximizing their potential. The meeting served as a platform to present these opportunities and encourage investment in the area.
The transformation of Ministry Square is part of a larger effort to revive downtown Cairo, with the ultimate goal of enhancing the city’s overall appeal and competitiveness.
