11 years after the project was first designed, it has finally been announced officially that Egypt is set to build the tallest tower in Africa. Designed in 2007 by the Iraqi-British architect Zaha Hadid, who passed away two years ago, the Nile Tower is a 70-storey skyscraper that is going to be divided between hotel rooms, luxury apartments and leisure facilities like nightclubs, health clubs and shopping centers.
The tower is designed to be an architectural masterpiece and is being developed by the design company Living In Interiors. The tower starts with a triangular base and rising up to form a rectangular building and is going to have a panoramic view overlooking both the Nile and the pyramids.
The idea of the project is not new, and was actually initiated by former president Mubarak, but it was put on hold after the events of the 2011 revolution. The main reason for being postponed until now however is issue of the Egyptian pound being unstable. According to Diaa Tantawy, the design manager of Living In Interiors, the project is estimated to cost $600 million, and it can go up another $150 million.
A huge step in the history of Egypt, and a loud and clear message to investors. We are ready!