Misr Italia Properties signed a cooperation agreement with Milan-based Stefano Boeri Architetti to establish the first vertical forest in Egypt and the Middle East.
With investments worth EGP 3 billion, the forest will be built over an area of ten feddans in the 210-feddan integrated residential project, Il Bosco City, in the New Administrative Capital, the company’s co-CEO, Mohamed Khaled El-Assal, said in a press conference on Wednesday.
The project consists of three seven-level buildings standing 30 metres tall with 300 units in total covered in thousands of plants and trees, El-Assal added.
One of the buildings will be managed by an international five-star hotel brand to be announced soon, while the other two buildings will comprise serviced apartments to be managed by the same hotel brand, he noted.
Construction works will begin in 2020 with the delivery expected to be in 2023, the Italian architect Stefano Boeri said.
Vertical forests help fight pollution in urban cities with high population density, Boeri noted.