On a 340,000 square metre land plot the strategically-located Northern Tanta City, a massive logistical and commercial project is currently underway to set a precedent in terms of the scale of investment in the otherwise neglected area. The foundation stone of Downtown Delta was recently laid by Egypt's Minister of Internal Trade Aly El-Mesehy and Gharbeya's Governor Ahmed Deif Sakr, Al Mal reported on Monday.

A commercial mall, entertainment areas, car showrooms and service centres, advanced medical and administrative centres, and its very own sports club are some the components of the large-scale project, which will also contribute to providing a variety of medications at reasonable prices for the city's residents.

The project, which aims at tearing down the centralisation of opportunity and investment in the larger metropolitan areas of Cairo and Alexandria, is being undertaken by Vernbro Global Investment, which announced it will see the light by 2020. "We believe the future of investment in Egypt lies outside of Cairo and Alexandria as these areas need our attention and services the most," Vernbro's Board Director Ashraf Dos says to Al Mal. "We aim to set this project as an example for all Egyptian governorates to help develop them and elevate the living standards of their citizens."