URB, a leading developer of sustainable cities headquartered in Dubai Design District, has announced plans to set up the world’s first net zero city, ‘Nexgen’ in the Egyptian capital Cairo.
Spread over a sprawling 5.8 million sq m area, the smart self-sufficient city has been designed to provide food, energy and water security whilst also creating a green economy and promoting ecotourism. Nexgen will provide 9,000 housing units for all income levels and cater to a population of 35,000 residents, said the developer.
The project will create 10,000 jobs with majority focusing on green tech industries such as food-tech, energy-tech, water-tech and waste-tech, thus creating a circular green economy for the city, it stated.