Maqam for Urban Development has announced significant progress in the construction of its Optima Business Complex in New Capital, supported by a clear action plan and strong financial fundamentals ensuring top-tier execution quality, Invest-Gate reports.
Mr. Sherif Salem, Chairman of Maqam for Urban Development, stated that the accelerated construction pace demonstrates the company’s ability to combine speed with execution efficiency. He emphasized that the latest technologies and modern construction methods are being applied to create a project environment that meets the expectations of investors and tenants alike.
“Optima Business Complex stands as a benchmark of excellence in construction and engineering management,” Salem said. The project combines advanced infrastructure with smart facilities, reflecting the company’s vision for delivering integrated and distinctive developments. We remain committed to working efficiently to complete and deliver the project within the planned timelines, strengthening our clients’ trust and reinforcing our credibility in the real estate market.”
Salem further noted that the latest construction updates reflect not only fast execution but also a high level of engineering professionalism. The company’s solid financial position continues to support its plans and ensures progress despite market fluctuations.
The Optima Business Complex is located on plot MU-46 in the Downtown area of New Capital, covering 2,400 sqm. The development will feature 32 commercial units and 157 administrative offices, each with an average size of 45 sqm. The project will rise to a height of 13 floors.
Salem highlighted the project’s prime location within New Capital’s Downtown, presenting a valuable investment opportunity for both investors and entrepreneurs. This is especially significant given the growing demand for commercial and administrative spaces in the New Capital.
Concluding, Salem emphasized that the design and value-added services of the project are aimed at ensuring optimal operational efficiency and delivering strong investment returns for clients.