MODON Development announced the launch of its latest project in the “Golden Square” in New Cairo, which is part of its expansion plan, Invest-Gate reports.

The company offers fully finished hotel units as part of its new projects located on Al-Nawadi Street in the Fifth Settlement area. These projects are being developed in partnership with RO Company and offer attractive facilities, including a 10% down payment and installments of up to eight years.

In addition to the ongoing development in the New Administrative Capital, MODON Development is preparing to launch two other projects, one in East Cairo and another one on the North Coast.

For his part, Ahmed Osama, CEO of MODON Development, expressed satisfaction with the progress of the company’s projects, noting that the school project in the capital has already been completed, while the other six projects are achieving high completion rates. These projects include the Tower, Modon Hotel & Residence, Modon Mega Tower, Central Iconic Tower, Green River Tower, and M Business Tower.

Notably, Osama revealed that the company plans to engage senior consulting offices to ensure a distinguished, premium, and creative design for its upcoming project.