10 things you need to know about Egypt's Ras El-Hikma project

Negotiations in Progress: Egypt is currently in negotiations with international companies and funds for the development of Ras El-Hikma City in the North Coast region.

Upcoming Announcement: The official plan for the development of Ras El-Hikma City is expected to be announced soon, indicating significant progress in the project.

Part of Urban Development Plan: The development of Ras El-Hikma is part of Egypt's Urban Development Plan for 2052, which aims to establish sustainable, smart cities of the fourth generation.

Multiple Functionalities: These new cities are envisioned to attract millions of residents and offer a wide range of amenities, including tourism activities, recreational services, advanced technological industries, commercial centers, and administrative hubs for international companies.

Focus on Services: In addition to economic activities, these cities are designed to provide excellent educational and healthcare services to residents and visitors alike.

City Development Projects: Besides Ras El-Hikma, other cities in the plan include Al-Alamein City, Al-Nagila, and Jarjoub, with a focus on enhancing existing cities like Marsa Matrouh and Salloum.

Northwestern Coastal Area: The plan prioritizes comprehensive urban development in the Northwestern Coastal area, which is considered ideal for accommodating Egypt's projected population growth.

Job Opportunities: The economic activities in this region are expected to create job opportunities for Egyptian youth in the coming years, contributing to the overall expansion of the developed area.

Ras El-Hikma Development Progress: Ras El-Hikma City is one of the key cities being developed under this plan, with efforts underway to finalize its development.

International Partnerships: Ras El-Hikma's development will involve partnerships with global entities possessing technical expertise and significant financial resources. This collaboration aims to position the city as a prominent international tourist destination on the Mediterranean Sea within five years.