MG Developments signs a partnership with the Expertise Consultancy House DSC International to supervise the implementation of The Mark, the company’s mixed-use project, in the NAC, Invest-Gate reports.
Mohamed Motawea, chairman of MG Developments, says that the company contracts with DSC International, headed by Nabil Elharazi, to prepare the integrated designs and supervise the implementation of The Mark project in the NAC.
This partnership aims to ensure that the project has a distinct design and goes in line with the decision of the NAC Company to oblige companies to contract with engineering consultancy offices classified as an expertise house.
Additionally, The Mark investments amount to EGP 350 mn. The completion rate of the project reaches about 20%, which is built in a modern and smart way on an area of 3, 200 meters, with a construction rate of only 30%. Further, the mall features a ground floor, 10 high floors, and three basement floors, with a variety of unit spaces to create for commercial, administrative, medical, and hotel activities.
Motawea confirms that the company offers a prominent finishing system for the units. The administrative units and offices are fully finished. Moreover, the hotel apartments are ready and fully furnished, while the commercial units and shops will be finished with the Shell & Core system.
On her part, Aya El-Shenawy, head of commercial sector at MG Developments explains that the project is located in the New Capital’s Downtown area near the Monorail station, the metro in the capital, the Central Park, the Green River, and the Mosque of Egypt.
El-Shenawy adds that the company pumps about EGP 50 mn into the project, which is characterized by the diversity of units and internal divisions on each floor.