EFID Developments announces starting construction of the PARK Valley project in the New Sheikh Zayed City, Invest-Gate reports.

The company also announces the launch of the project and the start of its marketing to clients.

Mohamed Abdel Badie, Chairman of EFID Developments, notes that the project will be implemented under a specific schedule to be delivered with the highest quality.

He reveals that the project is built on 21,000 sqm, adding that it includes 26 separate villas and 8 twin houses.

The built-up area will account for 15% of the project and the remainder will be allocated to the landscape and internal roads, Abdel Badie says.

Abdel Badie comments that the company offers competitive payment systems with down payments starting from 10% and plans of up to over 6 years.

The top executive reveals that each unit in the project will have an area varying from 258 to 300 sqm and comprise an independent swimming pool and a large garden.

Furthermore, Abdel Badie states that EFID Developments is considering injecting EGP 1.2 bn investments into projects in West Cairo.