Engineering Solutions Adds EGP 2 bn Business Value during 2021

Engineering Solutions Adds EGP 2 bn Business Value during 2021

The leading sustainable building consulting & certification Engineering Solutions (ES) aims to supervise the implementation of various real estate projects with construction value of EGP 2 bn during 2021 as part of the company’s expansion plan in the market by adding a portfolio of new projects to its business, Invest-Gate reports.

Engineering Consultant and CEO Amgad Khattab, says that the company took over the supervision of the implementation of more than 12 various projects by which it implemented the sustainability requirements and obtained a LEED certificate from the US, and the implementation value of these projects reached EGP 3.5 bn.

Khattab adds, “With the transformation in the real estate sector in Egypt and the entry of new real estate products such as high-rise towers, administrative, commercial, hotel, and medical buildings, especially in the administrative capital and the new Alamein and with the state’s drive to save energy and preserving the environment, sustainable buildings have become necessary and it is expected that it will witness increased growth during the coming period.”

The CEO of the company indicates that the company contracted with Minka Real Estate Development Company for the administrative project, The Hoft, in New Cairo to implement LEED requirements for sustainable buildings in the project. The project’s construction cost is EGP 220 mn, which is an administrative – hotel project built on an area of 15,000 sqm and is scheduled to be completed and delivered in 2023.

Khattab clarifies that the company has been working in the market for more than 10 years, during which it has supervised the implementation of many sustainable projects. According to Khattab, the main difference between green buildings and traditional buildings is the concept of integration, where a multidisciplinary team of specialists works together from the pre-design stage to the operation stage to improve the environmental sustainability properties of the building.

 

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