Egy Holding Developments reveals increasing construction rate of its flagship project, EPIC Complex, in New Administrative Capital (NAC) with construction rate of 45%, Invest-Gate reports.

The company plans to complete the construction works of the entire project with the highest quality standards by the end of 2023.

Mohamed Al-Ahwal, Managing Director and CEO of Egy Holding Developments, says that the company is working with all its efforts to accelerate construction rates of the project, in parallel with the commitment to quality standards in the project development.

Al-Ahwal adds that accelerating construction works is a part of the company’s plan to maintain confidence of its customers, and its commitment to schedule for development and delivery, which is scheduled for the end of 2023.

He further notes that the company has already completed works of excavation and replacement, concrete foundation of the building, two basement floors with an area of 13,100 sqm, commercial floors (ground and first) and the second and third administrative floors in record time, with the highest rates of performance and quality in accordance with international standards.

It is worth mentioning that the EPIC Complex project is located in mixed-use area MU23, which mediates R3 and R2. Besides, MU23 is the first service area to be operated in the NAC.

The project is located minutes away from the northern axis of Mohammed bin Zayed, central business district and the iconic tower, as well as next to the Monorail station and the Sports City, with a direct view of three main axes.

Additionally, the complex fulfills all the requirements of sustainable buildings by saving 40% of electricity consumed in the building, in addition to saving 43% of water consumption in the building. Green spaces in the project represent 70% of the total area of the project land.