Egypt: Hydrogen-Fueled Skyscraper to be Built in New Administrative Capital
The project was presented as an important step forward in ensuring Egypt's energy sustainability
Saudi Magnom Properties, “the real estate arm” of Riyadh-based energy giant Rawabi Holding, has announced that a 50-story office and residential skyscraper will be built in Egypt’s new administrative capital in 2025. The investment is estimated at one billion dollars, but the most interesting detail of the innovative project is that the tower will run on “pure” hydrogen.
As Magnom Properties emphasized in a press release, the new project “will represent an important step forward in Egypt’s energy sustainability.” The North African country’s new administrative capital is a desert city currently under construction east of Cairo, designed to house government offices and more than six million people. Magnom Properties predicts that the project “will attract international companies due to its state-of-the-art infrastructure.” As early as July 2023, Egypt’s ministries began moving into the new city. At the moment, the number of residents remains low, and many infrastructures, including the rail lines that will connect the new administrative capital with Cairo, are still under construction.
In parallel with the innovative Egyptian project, the Saudi company is evaluating the possibility of building two twin towers in Dubai, in the United Arab Emirates, and in Riyadh, the capital of Saudi Arabia, also powered by green hydrogen, to be produced in Egypt as part of the Egyptian Green Hydrogen Project, which was launched as early as November 2022 at the COP27 climate summit in Sharm el-Sheikh.
