Talaat Moustafa Group (TMG) has reached an agreement with the Egyptian government to develop four multi-use mega-projects with a total investment of approximately EGP 11 trillion. CEO Hisham Talaat Moustafa announced the initiative at the Egypt Forum 2026, noting the developments will span over 37 million square meters.
- TMG will develop a 5 million square meter site connecting the Suez Road to Madinaty, with a projected investment of EGP 3.2 trillion.
- The company plans an 11.3 million square meter integrated urban project in Alexandria, requiring an estimated EGP 1.7 trillion.
- A 10 million square meter development near the new Abu Qir port will focus on industrial and logistical activities, targeting EGP 5 trillion in investment.
- A 10.4 million square meter site on the North Coast will be developed with EGP 970 billion in planned investment.
These projects are expected to generate 6 million jobs and EGP 2.4 trillion in tax revenue.
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