Mountain View Development has announced ambitious targets for 2025, aiming to achieve EGP 150 bn in sales while investing EGP 50 bn, including EGP 18 bn dedicated to ongoing construction works, Invest-Gate reports.

The announcement was made during the company’s annual meeting, highlighting Mountain View’s position as one of Egypt’s top three real estate developers for the fourth consecutive year.

The company’s consistent growth and strong market presence reflect its confidence in Egypt’s economic and real estate investment climate. Mountain View has continuously doubled its sales targets each year, reinforcing its role as a key player in the sector.

Amr Soliman, Founder and Chairman of Mountain View Egypt, commented: “Mountain View plays a pivotal role in Egypt’s real estate sector, driven by our confidence in the country’s economy and market potential. We also contribute to economic growth by creating over 50,000 direct and indirect job opportunities. This year, we have set an ambitious target of EGP 150 bn in sales, alongside our expansion into the Saudi market, bringing our expertise and vision to new territories.”

Wael Ezz, Partner and Co-CEO of Mountain View, emphasized the company’s commitment to delivering its projects on schedule: “We are investing EGP 18 bn in construction this year across previously announced projects. We are also collaborating with over 100 leading contractors and suppliers to ensure timely delivery in line with our customers’ expectations.”

Meanwhile, Wael Lotfy, Partner and Co-CEO at Mountain View, outlined the company’s broader investment plans: “This year, we are allocating EGP 50 bn towards future expansions, including land acquisitions. Our expansion strategy has already seen us surpass 6,000 feddans, solidifying our long-term growth vision.”

Mountain View’s aggressive investment and expansion plans underscore its commitment to maintaining its leadership in Egypt’s real estate sector while expanding its footprint in regional markets.