Royal One Developments confirms its plan to speed up the implementation rates of the Capital Prime Business Park project in the New Administrative Capital (NAC) in order to keep pace with the state’s plan to start the actual transfer of the government district to the NAC at the beginning of December 2021, Invest-Gate reports.

Saher Magdy, CCO of Royal One Developments, elaborates that the actual transfer of the government to NAC means the transfer of more activity and life there, which supports the purchasing decision-making for many customers during the coming period in various projects in the NAC.

Additionally, he discloses that the company has reached 40% of the construction rate in the Capital Prime Business Park project, which is in line with President Sisi’s directives not to market any project before 30% of it is implemented.

He further points out that the transfer of government employees to the NAC means the speedy operation of commercial and administrative projects and the achievement of returns for companies and clients investing in them.

Capital Prime Business Park is a commercial, administrative, residential, hospitality, and medical project. It features 61 administrative units with areas starting from 43 sqm, 45 commercial units with areas starting from 38 sqm, and 21 medical units with areas starting from 22 sqm.