MG Developments to Implement HQ Project in New Cairo

MG Developments to Implement HQ Project in New Cairo

MG Developments started the construction of its HQ project in the first sector on 90 Road in New Cairo’s Fifth Settlement, east Cairo, Invest-Gate reports.

With total area of 5,000 square meters, HQ will see total investments of EGP 1 bn, according to a press release on April 8.

The company is working hard to complete the project as soon as possible since it was launched last November. It will be implemented at the highest level using the best technologies and methods, as well as, the ideal arts of construction and architecture to match the standards present in many countries in the Arab region. This is especially due to the fact that HQ marks the company’s kickoff in the commercial and administrative field.

“The total area of ​​the project is 11,000 [square] meters, the floor space around 1,600 [square] meters to 1,850 [square] meters,” according to Mohamed Metawee, CEO of MG Developments.

“The building consists of two floors under the ground and the ground floor is represented in the commercial area, [while] the administrative reaches [five] floors. The building is also equipped with a two-story garage parking on an area of ​​9,000 [square] meters for 208 cars. There are many entrances for the building and we allocated entrances for administrative and other for commercial plus all offices have a complete front-end finishing,” Metawee noted.

“We work very hard to complete the project as soon as possible,” he added.

Metawee explained that the project’s completion rate will exceed 60% after the finalization of the building’s concrete structure in 2019, adding that the company will work in the coming period on providing the building with the basic technological structure, taking into consideration all the changes or needs that may need to be added in the future to provide an integrated service for all beneficiaries, whether in the administrative or commercial fields.

Aya Al-Shenawy, head of development at MG Developments, highlighted that all areas or spaces range from 68 to 1,850 square meters per floor, which are offered at competitive prices and payment periods that suit all customers needs.

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