The MarQ Developments announces the launch of its latest project, dubbed “The WaterMarQ” in New Cairo, with investments worth EGP 2 bn, Invest-Gate reports.

On this occasion, Amr Badr, chairman of MarQ Developments, says that the WaterMarQ project is being developed on 20 acres in the Azad project. He further notes that the project is scheduled to be developed within two years according to the timetable set by the company.

WaterMarQ is located on the American University Street in the heart of the Fifth Settlement; and includes standalone villas with various spaces. Besides, the company has assigned major engineering consultancy offices, to develop the project designs, which include a 10,000-sqm lagoon within landscaping and green spaces.

The MarQ Chairman comments, “The company decided to launch its second project in New Cairo after its success in the first one, The MarQ, which all its units were sold out within 10 months of its launch. It is scheduled to begin the project delivery in 2023.”

It is noteworthy that the MarQ Developments aims to expand its projects in the most attractive areas for investment, including West Cairo, Galala City, Ain Sokhna, North Coast, and New Alamein City. Furthermore, the company always searches for successful partnerships and expands its projects portfolio by studying available investment opportunities that are commensurate with its expansion strategy.