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Home Real Estate

Al Futtaim Officially Breaks Ground on JUNCTION with EGP 500 million in Enabling Works

إيجى إيكونومى by إيجى إيكونومى
1 June، 2026
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Al Futtaim Officially Breaks Ground on JUNCTION with EGP 500 million in Enabling Works
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The first phase of development will deliver essential infrastructure for JUNCTION, setting the foundation for a next generation, fully integrated business and lifestyle destination in West Cairo.

 

Majid Al Futtaim, a leading developer of shopping malls, communities, retail, and leisure destinations across the Middle East, Africa, and Central Asia, announces the first phase of construction for JUNCTION, its next-generation business park in West Cairo. Marking the project’s official ground-breaking, the commencement of enabling works, valued at EGP 500 million, represents the first foundational step within its total investments exceeding EGP 20 billion. This phase will deliver the essential infrastructure needed to unlock the project’s full development, signalling the transition from vision to execution and reinforcing Majid Al Futtaim’s commitment to timely, high-quality delivery, and its ambition to create future-ready destinations that foster more connected, human-centric communities.

Bringing together business, retail, hospitality and lifestyle experiences within a single destination, JUNCTION is strategically located next to Mall of Egypt with seamless connectivity to key roads and landmarks across West Cairo. Spanning approximately 99,000 square meters of built-up area, the development features eight premium office buildings with 440 modular office units starting from 65 square meters, more than 50 curated retail and food and beverage outlets, and a five-star hotel operated by 25hours Hotels by Ennismore. Supported by 1,250 parking spaces and seven drop off zones for ease of access, JUNCTION emerges as a fully integrated business and lifestyle hub for the next generation of work and urban living.

Commenting on the commencing of constructions, 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. This development reinforces our long-term vision to create spaces that foster innovation, support economic growth, and enhance everyday experiences.”

JUNCTION is targeting LEED Gold Certification, reflecting its strong commitment to sustainability and smart infrastructure. The project will integrate advanced energy-efficient systems, smart access technologies, electric vehicle charging stations, and high-speed fiber-optic connectivity. Through these features, JUNCTION is expected to deliver significant efficiencies, including up to 40 percent savings in energy consumption related to HVAC systems and waste management, contributing to more sustainable business operations.

Adjacent and directly connected to Mall of Egypt, JUNCTION is set to become one of Egypt’s most significant mixed-use destinations, bringing together business, lifestyle, and leisure while reinforcing its position as a vibrant and accessible business hub. The development benefits from seamless connectivity to key road networks, including Al Wahat Road, Cairo-Alex Desert Road, and the Ring Road. It is just seven minutes from the Ring Road, Mehwar Road, and the Mall of Egypt Monorail Station, and in close proximity to major national landmarks, including Sphinx International Airport (25 minutes), Grand Egyptian Museum (20 minutes), and Great Pyramids of Giza (25 minutes).

Tags: Developmentegyeconomy

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