Mardev Development plans to increase its investments’ portfolio to EGP 4 bn by implementing various projects in the New Administrative Capital, Invest-Gate reports.

Zohdi Zhran, Mardev’s Chairman, says that the urban development implemented by the government across Egypt provides real investment opportunities for serious investors.

He adds that his company has various projects to achieve variety in its investment plan and coup with the country’s development plan in new cities.

Mardev works in the real estate sector for 33 years implemented various projects which gained the company accumulated experience in the field of construction, the chariman remarks.

For his part, Ibrahim Zahran, Mardev’s CEO, reveals that the company is implementing several projects in NAC, including a residential compound and 3 commercial projects.

Mohamed Zahran, Deputy Chairman, stated that the company has an ambitious plan for 2023 based on accelerating the implementation rates in its various projects, in order to ensure accordance delivery in the specified dates.