MRB Company to Implement and Manage Two Projects in Assiut

MRB Company to Implement and Manage Two Projects in Assiut

MRB Company for Malls Management and Investment Projects is to implement and manage two projects in Assiut, Invest-Gate reports.

The new deal fall in line within the company’s strategic plan and in pursuit of the permanent endeavor of the state and its political leadership to develop governorates of Upper Egypt and establish large national projects there.

Under the agreement, MRB will implement, manage and operate two projects in Assiut; the first is an integrated medical center called Cloud clinics. It spans an area of 1750 sqm divided into two basements, a ground floor, and four typical floors.

The real estate developer, in cooperation with IMS, is fully undertaking the project, starting with the architectural and engineering design, implementation, through the residential phases, and ending with the management and operation phase.  A memorandum of cooperation was signed between the two on this project among others inside and outside Cairo.

The second project is a specialized commercial center for mobile phones and electronic devices and it’s called Mobizone. It spans an area of 295.94 sqm, divided into two basements, a ground floor, and four floors, next to several commercial and residential facilities.

The company will also undertake the project completely with engineering design, implementation, management, and operation of the project as a whole.

“This contract comes within the framework of the search for presenting an architectural and engineering thought on the latest international architectural styles and diversity in the management and operation of several malls in all disciplines, whether commercial, administrative, medical and hotel, which has a large scale in several more than 15 projects within the new administrative capital. Our projects also include medical malls, which are managed in cooperation with several specialists in this field,” Mohammed Rashid, President of MRB, comments.

 

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