Majid Al Futtaim breaks ground on EGP 500m enabling works phase for Junction business park in West Cairo

UAE-based developer Majid Al Futtaim has officially broken ground on the first construction phase of Junction, its next-generation business park in West Cairo, commencing enabling works valued at EGP 500m (€9.2m) as the opening stage of a total investment programme exceeding EGP 20bn (€367m). The groundbreaking marks the transition from project planning to active construction delivery on one of Egypt's most significant commercial real estate schemes.

Daily News Egypt reported that the enabling works phase will deliver the essential infrastructure needed to unlock the full development programme, with the project located adjacent to the Mall of Egypt in West Cairo's 6th of October district.

Junction spans over 129,000 square metres across two interconnected plots and will feature 13 office buildings alongside curated retail, dining, hospitality and lifestyle experiences, targeting LEED Gold Certification. The scheme is designed to generate more than 8,000 direct and indirect jobs and represents Majid Al Futtaim's first business park in Egypt.

Ahmed El Shamy, CEO of Majid Al Futtaim Development, said: "JUNCTION marks a strategic step in bringing our regional expertise in integrated, future-ready developments to Egypt, as we build a new and diversified real estate portfolio in the market. Today's ground-breaking signals our transition from vision to execution, introducing a differentiated model for business parks in West Cairo that combines smart infrastructure, sustainable design, and seamless access to retail and lifestyle experiences in line with evolving market needs."

Majid Al Futtaim has previously delivered business parks in Oman and Lebanon, and its Egypt portfolio now stands at approximately $2.5bn (€2.3bn) with the addition of Junction.

Explore the full report on Majid Al Futtaim's Junction business park groundbreaking in West Cairo.