IL Cazar, a leading real estate company, has announced a partnership agreement with service provider Orange Egypt to provide Orange's telecommunications services and smart technology solutions to two of IL Cazar's prime projects in New Cairo, a satellite city within the metropolitan area of Cairo.
Residents of IL Cazar in 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 fibre optic network will ensure seamless connectivity and high-speed internet and enhance operational efficiency, significantly improving the overall living experience for residents.
Go Heliopolis, the first integrated residential complex in Heliopolis spans 18,000 square metres with total investments amounting to EGP5 billion (about US$103.6 million). Designed as a multi-use development, it combines residential, commercial, and administrative spaces, catering to families with diverse needs.
Creek Town project, located on 100 acres, is one of the most luxurious residential complexes on the Cairo-Suez Road, featuring a prime location in the heart of the First Settlement. The project includes 1,500 diverse residential units to meet various client needs, including apartments, townhouses, twin houses, and villas. All units boast distinctive views of open spaces, green areas, and water features that cover 80% of the project's area. The total investments in this project amount to EGP11 billion (about US228.1 million); the company has achieved sales of EGP3 billion (US$62.2 million) this year, out of a targeted EGP4 billion (US$83 million) for 2024.
IL Cazar Development, a leading company in the Egyptian real estate market, is developing nine projects across residential, commercial, and administrative sectors, covering approximately 2,000 acres in prime locations in East Cairo and the North Coast.