Remal Developments has announced the launch of its inaugural real estate project, WESTCLAY, located in a prime area chosen for its potential to drive success, Invest-Gate reports.

The project was introduced during a press conference attended by industry leaders, journalists, and media representatives, where the company shared its vision for creating distinctive developments that meet international standards.

For his part, Abdel Wahab Khalil, Chairman of Remal Developments, highlighted the company’s innovative approach, stating, “WESTCLAY reflects our commitment to delivering exceptional real estate products designed to the highest global standards.” The EGP 15 bn mixed-use project includes residential, commercial, administrative, and hotel components, embodying a comprehensive urban experience.

Moreover, construction on WESTCLAY is set to begin in the first quarter of 2025, with an initial investment of EGP 2 bn allocated for the year. Khalil emphasized the company’s financial strength and commitment to rapid execution, with plans to deliver the project within three years.

Furthermore, Mohamed Khattab, the Chief Commercial Officer, noted that WESTCLAY is part of Remal’s broader strategy of offering innovative solutions tailored to market demands. The project includes one—to three-bedroom apartments, with building heights limited to four stories, ensuring a balanced and modern urban aesthetic.

Notably, Remal Developments has partnered with leading industry experts to ensure WESTCLAY sets a new benchmark for quality and excellence in Egypt’s real estate market, further cementing its role as a forward-thinking developer.