Dar Al Alamia Developments, a subsidiary of Dar Al Alamia Holding, plans to invest up to EGP 5 bn in real estate projects in east Cairo over the coming three years, Invest-Gate reports.
Being one of the fastest-growing construction companies in Egypt, the company conducts extensive surveys in the local market and the region to build its plans and strategies based on those findings.
Ahmed Saleh, deputy chairman of Al Alamia Furniture and Dar Al Alamia Developments, states that the company has worked with several government agencies, the presidency, the ministries of defense and interior, the Military Engineering Corps., Banque Misr, Better Home, the Arab Organization for Industrialization, and New Urban Communities Authority, among others.
The company also has worked with several reputable local consultants, including Hussein Sabbour, Engineering Consultants Group, Shaker Consultancy Group, and Ayman Mosselhy Consultancy Office.
Saleh adds that the company’s projects include constructing four collages over 60,000 sqm in Al Galala University, the Arab Organization for Industrialization’s new headquarters, four administrative buildings, and Banque Misr’s new 70,000 sqm main office building in the New Administrative Capital (NAC).
The company also built 100 villas in R1 and R2 districts in NAC. In addition, under construction are four faculty buildings in the Japanese University in Borg El Arab, Qena University, and New Suez Canal University.
He further notes that Dar Al Alamia Developments supports the government’s efforts to achieve sustainable developments in various economic sectors. Currently, Dar Al Alamia Developments, directly and indirectly, employs over 10,000 workers.