The CEO of The Sovereign Fund of Egypt (TSFE) Ayman Soliman announced Sunday that the fund will announce its tender specification for using the Tahrir complex during April. Soliman said that the tender specification will be presented to develop the complex in partnership with the local and international private sector, and explained that the general planning includes commercial and administrative projects and hotel units. He said that after moving the ministries to the New Administrative Capital, huge real estate portfolios will be available in the downtown area. President Abdel Fattah al-Sisi opted to transfer ownership of the Tahrir complex to TSFE back in August 2020. Later in October several Egyptian and foreign investors were invited to review ideas put forward to develop the complex.

Source: Egypt Independent April 04, 2021 15:00 UTC