Ebny Real Estate Development Company signs a consultancy alliance with a group of consulting companies to develop its new project in New Sohag city, Invest-Gate reports.

Abdullah Kamel, Chairman of Ebny Real Estate Development, notes that the company has invested EGP 8 bn in the Egyptian market since 2012.

He adds that the company executed 17 housing projects in Nasr City and Heliopolis.

Kamel reveals that the company implements its project in New Sohag, the Green Avenue, on 20 acres with EGP 1 billion in investments, noting that the project includes 31 residential buildings and 20 villas.

With a maximum construction ratio of 20%, the project features green spaces, services, beautiful landscapes, guard gates, and surveillance cameras, he remarks.

The top executive comments that it executes the Westway project in New Sohag on around 10,000 sqm, adding that the project compromises distinguished brands, restaurants, kids’ area, medical clinic, and other services.

For his part, Yasser El-Beltagy, Chairman of YBA engineering consultant office, says that his company will manage and design the engineering works for Ebny’s new project in New Sohag, along with managing and designing engineering works and drawings for a diverse package of projects.