Overview

The project is being constructed by Talaat Mostafa Group. The landscape architects are the SWA group. Construction began on July 2006.

The contract by which the land was granted to the company was challenged in the Egyptian court.

Madinaty is being built over an area of 8000 acres (32.4 km²), with a total budget

Budget

A budget is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods...

 of 60 Billion Egyptian pound

Egyptian pound

The Egyptian Pound is the currency of Egypt. It is divided into 100 Qirsh , or 1,000 Milliemes ....

s.