The advisor to the president for local development and chairman of the National Committee for the Protection and Restoration of Historic Cairo, Khaled Fouda, and Cairo Governor Dr. Ibrahim Saber chaired a meeting at the Cairo governorate headquarters to follow up on the progress of the Khedivial Cairo Restoration Project. The meeting reviewed the future vision of the revitalization of the downtown area. The vision aims to maintain its historical and architectural identity, improve infrastructure, quality of services, and the urban landscape, and optimize the utilization of its real estate assets. The project aims to restore the area’s status as one of the capital's premier cultural, historical, tourism, and civilizational destinations.
The meeting was attended by Dr. Ahmed Anwar El-Adl, Deputy Cairo Governor; Maha Abdel Razek, CEO of Misr Real Estate Assets Management Company; representatives of the Sovereign Fund of Egypt; consultants; specialists; representatives of the relevant entities; and several officials from the Cairo governorate.
The governor and the presidential advisor reviewed the status of the properties that are being renovated by Misr Real Estate Assets Management Company during the meeting. They also discussed reaching solutions for the challenges facing project implementation, such as licensing procedures, the structural condition of certain buildings, and the status of current occupants. The meeting also discussed coordination mechanisms among the governorate, the company, and the relevant entities to expedite the execution of the project.
Cairo Governor Dr. Ibrahim Saber said that the Khedivial Cairo Restoration Project aligns with the state's efforts to preserve the city's architectural heritage, maximize the utilization of its real estate asset, and improve the quality of life and services in the capital's downtown area. The project also aims to boost commercial, cultural, and tourism activities, contributing to regaining the area's historic position and transforming it into an example of sustainable urban development that blends the preservation of its heritage identity with the promotion of investment.
Moreover, Saber said that the restoration work is being carried out in coordination with the National Organization for Urban Harmony to preserve the buildings' architectural and historical features, renovate façades, improve the area’s urban appearance, and upgrade streets, pavements, lighting, and public utilities. The project also addresses visual deterioration and unsightly elements that negatively affect the area's distinctive urban and cultural identity.
Meanwhile, Presidential Advisor for Local Development and Chairman of the National Committee for the Protection and Restoration of Historic Cairo Khaled Fouda urged adherence to the project's specified timelines and continued coordination among all relevant entities to ensure the project is delivered in line with its planned objectives.
Fouda further stated that the Khedivial Cairo restoration is not limited to upgrading building façades, but it aims to regain the area's historic character, revive the vibrancy of its streets, and boost its position as a cultural and tourism destination that combines architectural heritage with economic and cultural activities.
Fouda also commended the efforts of the Cairo governorate and its executive bodies in overseeing and monitoring the project. He added that continued cooperation among the government, the private sector, civil society, and property owners represents one of the key pillars for the success of the restoration project and regaining Downtown Cairo’s historic and tourism position.
During the meeting, Governor Saber said that the governorate is exploring ways to enhance the contribution of Misr Real Estate Assets Management Company to the revitalization of the downtown area and review the properties that have been completed and those currently under renovation. He also addressed the challenges facing the company and is working to provide the necessary facilitation measures in coordination with the relevant authorities.
🖋️ Source: Media department, Cairo Governorate
