Ayman Nawar, Chief Commercial Officer of Jawad Developments, announced that the company has made significant strides in construction on its Val Plaza project, completing nearly 80% of the concrete works, Invest-Gate reports.
Jawad aims to expedite both the interior and exterior finishes throughout 2025, preparing for the project’s delivery by January 1, 2026.
Highlighting the company’s commitment to quality, Nawar confirmed a new partnership with LG for the project’s electromechanical works. “This partnership reflects our dedication to collaborating with leading specialized companies to deliver an exceptional real estate product,” he said.
Construction on Val Plaza is progressing ahead of schedule, with concrete work already reaching the second floor. Sales for the project have exceeded EGP 1 billion, though Jawad has decided to retain 20% of the units, withholding them from the market for now.
Discussing future growth, Nawar outlined the company’s focus on West Cairo, a region with rising demand and limited supply for residential and commercial real estate. Jawad has recently acquired a new plot in a prime location along a main road in West Cairo, with plans to launch a comprehensive project featuring residential and commercial units. Details about this upcoming project will be revealed soon, reinforcing Jawad Developments’ expansion and commitment to meeting market needs.