PRIME OUTLET CAIRO
Key factors for growth: • Prosperous but under shopped compared with other places • Lack of other public spaces gives them a different role in local societies
STABLE FAST GROWING ECONOMY B E S T F O R E I G N D I R E C T I N V E S T M E N T D E S T I N A T I O N I N A F R I C A 2 0 1 8 E G Y P T
FAVOURABLE DEMOGRAPHICS P O P U L A T I O N B Y B R O A D A G E K E Y D E M O G R A P H I C S G R O U P S ( 2 0 2 0 ) EGYPT population 100 Million Demographics Growth of 88% under 54yo +2 Million/Year 50% under 24yo Demographics Source; The Report EGYPT 2019 – Oxford Business group
SOPHISTICATED RETAIL TRADE MALL OF ARABIA, 260,000 SQM (2018) MALL OF EGYPT, 160, 000 SQM (2017)
SOPHISTICATED RETAIL TRADE
CAIRO – HISTORIC AND BUSINESS CENTRE
EGYPT IS EXPANDING N E W A D M I N I S T R A T I V E C A P I T A L N E W A L A M E I N C I T Y
NEW URBAN COMMUNITIES: 1. New Administrative Capital 2. New Alamein 3. Salam East Portsaid 4. New Mansoura 5. New Ismailia 6. Galala 7. New Obdour 8. New Sheikh Zaid 9. October Oasis 10. October Gardens 11. New Fashn 12. New Mallawy 13. Naser – West Assiout 14. West Qena 15. Toshka
• Great location – on the Cairo Ismailia Highway, 30 mins from New Cairo, 20 mins from New Administrative Capital (7 million), within easy reach of major suburbs of Cairo, the International Airport and Central Cairo • Access to high speed rail network • Attractive, high quality, distinctive design • Built in phases as market expands • Part of majority development being led by Prime Group including international university campus, sports academy, leisure attractions, wellness facilities, business park, residential and service apartments.
Phase One Opening in 2021
Five year retail sales are expected to double to $166bn by 2021 Artist’s Impression
Prime Group is a diversified business group with a very wide and strong business network, both in Egypt as well as the Middle East & Africa region. It is one of the few local organizations that enjoy the advantage of working closely with the Egyptian government and has implemented various projects in coordination with a number of government entities in Egypt. PRIME GROUP has successfully achieved growth through developing strategic business alliances with powerful international and local partners, exchanging expertise and knowledge and utilizing shared resources to accomplish more business growth for both parties, a formula that has proven successful for the PRIME GROUP name as it continues to expand its operations to penetrate new and diverse markets.
Real Estate / Construction International Trade / Oil & Gas / IT Retail / Services
THANK YOU Tamer Wagih Salem Chairman, Prime Group Iestyn Roberts Chief Executive, Freeport Retail Contact Iestyn Roberts for further information ir@freeportretail.com
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