new capitalEGP 500 Million for DIPLO EAST … Doray Bay Investments Exceed One Billion
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MBG Developments intends to inject EGP 3.5 billion to accelerate the pace of construction works during the current year, increase operational capacity, and fully meet delivery schedules for clients, while adhering to quality and international standards, according to Invest-Gate, Invest-Gate reports.
The company has a packed execution agenda this year, starting with the DIPLO EAST project, one of the company’s prominent projects in the New Capital, for which construction investments exceeded EGP 500 million.
The company completed the earthworks for the project in preparation for the construction phases and implemented live architectural models for townhouse units, allowing a realistic visualization of the final project. It also provided viewing areas including an internal road network, green spaces, and water features, reflecting a comprehensive urban planning vision.