Al Ahly Sabbour signs a new strategic partnership with the MarQ communities to develop 260 acres of the total area of the City of Odyssia, Invest-Gate reports.

The new partnership aims to provide diversified product offerings and accelerate construction process of the City of Odyssia, the largest and most integrated urban community spanning over 528 acres in the heart of Mostakbal City, with total investments of EGP 29 bn.

Through the City of Odyssia, Al Ahly Sabbour aims to introduce a unique model of fully-integrated contemporary urban community, which caters to the various needs of its residents, while offering them the utmost level of luxury and convenience.

Ahmed Sabbour, Chairman & Managing Director Al Ahly Sabbour, says, “the City of Odyssia landscapes is mostly green areas & parks, the main boulevard on a total area of one km, an integrated entertainment hub, international schools, international commercial promenade comprising restaurants, international brands and a media entertainment city for the first time in Mostakbal City.”

Additionally, Al Ahly Sabbour announces that a CBD area will be developed by the MarQ Communities. It is a commercial, entertainment and office area aiming to provide residents and visitors with services not limited to the City of Odyssia, as it will serve Mostakbal City and NAC as well.

“The MarQ Communities’ scope of work comprises the development of 260 acres of the City of Odyssia, where we will be introducing totally innovative products reflecting the high value of Al Ahly Sabbour and the MarQ Communities’ brand names,” Amr Badr, Chairman and CEO of The MarQ Communities, says.

Badr adds that the land plot under development will comprise a large residential compound and the CBD area for commercial and office buildings set to offer comprehensive services to residents and visitors.

From his side, Tamer Erfan, Deputy CEO OF Al Ahly Sabbour, stresses that the new partnership with The MarQ Communities will make the City of Odyssia the community of choice and the distinctive icon of Mostakbal City, particularly with the development of CBD area.