Marquee Developments has announced the signing of three collaboration protocols with leading engineering and architectural firms to oversee and execute its debut project, “Shababek,” in Egypt. The agreements aim to ensure the project’s delivery meets the highest technical and engineering standards, enhancing its appeal and value.
Hazem Salama, Chairman of Marquee Developments, highlighted that “Shababek” marks the company’s first venture in the Egyptian market. Located in the vibrant Fifth Settlement area, the fully integrated residential project spans 15 acres, with an estimated investment of over EGP 6 billion. The project boasts a unique architectural design to provide residents with unparalleled luxury and comfort, making it a standout development in the area.
Salama further noted that “Shababek” is the first of several innovative projects the company plans to launch as part of its ambitious expansion strategy for 2025. Situated in the strategic North House district, the project’s prime location and meticulous attention to detail aim to set a new benchmark for residential developments in Egypt.