Africazine:
Egypt is set to enhance its educational landscape with a new private university in Noor City.
Talaat Moustafa Group (TMG) has partnered with the Egypt Education Platform (EEP) to establish this university, with a total investment estimated at EGP 8 bn. The project will occupy a 216k sqm land plot provided by TMG and is expected to launch its first phase by 2029.
New University to Boost Education in Noor City
The establishment of a private university in Noor City marks EEP’s inaugural venture into higher education. TMG will not only provide the land but also take an equity stake in the project, ensuring a long-term share of the university’s recurring revenue. This collaboration aims to enhance educational opportunities in East Cairo.
In addition to the university, EEP will manage two new schools in Noor City, further expanding its educational footprint in the region. This strategic move aligns with TMG’s vision of fostering educational development alongside urban growth.
Egypt: Key figures on university investment
- EGP 8 bn
- 216k sqm land plot
- Phase one slated to launch by 2029
Context of Educational Expansion in Egypt
This initiative reflects a growing trend in Egypt to diversify educational offerings and improve access to quality education. The partnership between TMG and EEP highlights a commitment to investing in the future of Egypt’s youth. As urban areas expand, the need for educational institutions becomes increasingly critical.
Next Steps for Noor City University Project
- Launch of phase one by 2029
- Construction of the university and schools
- Continued collaboration between TMG and EEP
This new university in Noor City represents a significant investment in Egypt’s educational future.
