Construction of Egypt’s Iconic Tower’s has begun in earnest in the new administrative capital. Housing minister Asem El Gazzar said construction started with metal structure of the project billed as Africa’s tallest tower.
The tower will be 385 metres in height and will consist of 80 floors, on an area of about 240,000 square meters.
The tower will feature commercial, residential and hotel usage.
Officials of the Chinese company implementing the project said that the 11th floor of the tower is currently under construction.
Construction will be undertaken by a number of Egyptian construction companies in collaboration with China State Construction Engineering Corporation (CSCEC).
The project is one of several Dubai-style mega projects being built in Egypt’s new administrative capital 45 kilometres east of Cairo.
Whether the Iconic Tower will actually be the tallest building in Africa is subject to time as similar projects are being planned or are under construction on the continent.
Kenya for example is building what it says would be the largest structure in Africa.
The Pinnacle Towers will be 900 ft tall and have 70 floors including a 45-floor Hilton Hotel, 20 floors of offices, 200 residential houses, 3-floor basement parking, gaming zone, 3-floor luxury mall, helipad and Africa’s highest viewing deck.
Its Dubai based developers say that upon completion, the project will be one of the tallest in the world.
Dubai’s Burj Khalifa is the tallest at 800M, Malaysia’s Petronas Towers stands at about 400M which compares well with The Pinnacle’s 300M.
Morocco on the other hand says its BMCE Bank of Africa Tower in Rabat will be the tallest in Africa.
Standing 250 meters high, with 55 floors, and covering an area of 86,000 m2, its developers has billed it the tallest tower Africa. The tower will adopt of ecological and sustainable design concepts.
It will include offices, hotels and luxury apartments, according to the report. Such projects have put morocco top when it comes to investment destination of choice says a recent study by French Intermat Construction Observatory
Apart from the planned Iconic Tower, Egypt is also planning the construction of another building which it says would be among the tallest in Africa.
The Nile Tower has been designed to be a 70 storey building with fantastic view of the Nile, while the top floors gives one an opportunity to see the historical pyramids.
Designed by the late Architect Zaha Hadid who passed away in 2016, The Nile Tower has been described as one that tells the world that “Egypt is ready for business.”
A recent BNC Network report shows that Egypt construction industry is booming with 1,400 active construction projects worth $348.2bn currently underway in the country.
The report dubbed “Urban construction in Egypt” shows that the country recorded a 10%growth last year bucking the country’s national annual growth of 5.3% over the past four years.