Cairo: Egypt has signed a public-private partnership agreement to develop Jirian City, the first major real estate project in the New Delta region, aiming to deliver a sustainable, integrated urban development spanning 1,600 feddans within five years.

According to State Information Service Egypt, the agreement was signed in the presence of Prime Minister Moustafa Madbouli between the state-run Mostaqbal Misr (Future of Egypt) Authority and three leading private developers, Palm Hills Developments, Mountain View, and Nation of Sky during a launch event at the Cabinet headquarters in the New Administrative Capital.

Prime Minister Madbouly stated during a press conference that the project reflects President El-Sisi’s vision of a stronger partnership between the state and experienced private sector players to accelerate urban expansion and ensure long-term development in underutilized regions. He described the project as a strategic effort designed to anchor development in the New Delta, setting a model for smart, sustainable, and water-conscious urban growth.

Amr Soliman, CEO of Mountain View, highlighted that the Jirian project will feature 35,000 residential units and significantly boost Egypt’s real estate exports and tourism appeal. He mentioned that the corniche will be larger than Alexandria’s, offering clean air and green landscapes.

Yasseen Mansour, chairman of Palm Hills, described the city as a strategic tourism destination and shared plans to build a hotel within the project as part of Palm Hills’ broader sustainability-focused strategy. Currently, Palm Hills operates seven hotels nationwide.

Tamer Nabil, vice chairman of Nation of Sky, emphasized that Jirian will be Egypt’s first fully integrated urban city, providing a healthy living environment and complete public services. The development is expected to create over 250,000 jobs and generate foreign currency revenues through property sales to overseas buyers.

The Jirian project is part of Egypt’s broader strategy to develop the New Delta, reduce population pressure in the Nile Valley, and attract long-term investment in infrastructure, housing, and tourism.