The Minister of Housing, Utilities and Urban Communities Assem El Gazzar visits Tabarak Developments’ pavilion at The Real Gate exhibition on the sidelines of its opening on March 25, Invest-Gate reports.
Mahmoud Mokhtar, general manager of sales at Tabarak Developments, gives a detailed explanation to the Minister of Housing about the company’s current projects and expansion plans in the Egyptian and Arab market during the next stage.
During the visit, Mokhtar confirms that the exhibition witnesses a distinguished participation of Tabarak Developments, through four real estate projects with diverse locations. The first one is 90 Avenue project in New Cairo with investments exceeding EGP 7.2 bn and about 1,450 housing units, in addition to areas of up to 60,000 sqm distributed between malls, shops, activities and entertainment, as well as an area of 25,000 sqm for administrative facilities.
The company is also participating in the exhibition with the Capital East Residence project, whose investments amount to more than EGP 1.4 bn, and the company is about to launch its new West Avenue project soon, with a legendary backdrop of in the Sphinx. The company’s participation in the exhibition includes the second phase of the Fantasia Village project in Ras Sidr.
Ali Al-Sherbani, chairman of the board of directors of the Tabarak Development, notes that President Abdel Fattah Al-Sisi’s sponsoring to the exhibition represents a revolution for real estate development.
