What is the South Med project?

The South Med project, spearheaded by Talaat Moustafa Group (TMG), is set to become one of Egypt's most ambitious and luxurious developments. Announced by TMG’s CEO and Managing Director, Hisham Talaat Moustafa, this grand venture will be built over an expansive area of 23 million square meters with a staggering investment of LE1 trillion, approximately US$21 billion.

1. Large-Scale Development: The South Med project will span 23 million square meters, showcasing TMG's extensive experience in developing modern and integrated urban areas. This project represents a significant partnership between the state and the private sector, aiming to create a benchmark for future developments.

2. International Marina: A standout feature of the South Med project will be a world-class marina designed to accommodate yachts and cruise ships. This facility is expected to elevate Egypt's status as a prime Mediterranean tourist destination, attracting visitors from around the globe.

3. Global Standards: The project aspires to match the luxury and appeal of renowned Mediterranean destinations such as the beaches of southern France, Italy, Spain, and Greece. By incorporating a global perspective, the South Med project aims to offer an unparalleled experience that rivals the finest international resorts.

The South Med project represents a bold vision for Egypt’s future, blending luxury with strategic economic development. With its international marina and vast investment, it is poised to become a cornerstone of Egypt's tourism and real estate sectors, drawing global attention and boosting the local economy.