Saudi Egyptian Developers uncovers the axes of its sustainable development plan in the real estate market, in conjunction with the launch of the United Nations Climate Summit (COP 27), Invest-Gate reports.

Mohamed El-Taher, CEO of the Saudi Egyptian Construction Company, praises the role of major events currently hosted by Egypt, in terms of supporting the steps taken by the real estate development sector towards sustainable development in accordance with the 2030 Agenda.

El-Taher stresses the keenness of the Saudi Egyptian Developers to apply the principles of sustainability in all of the company’s projects, especially the Central project, the company’s latest project of the and one of the most important administrative-commercial buildings in New Cairo. The project’s cost reached around EGP 13 bn.

In addition, the project aims at obtaining the LEED Silver certification from the U.S Green Building Council, which is awarded to leading systems in energy and environmental designs.

The CEO explains that the Central project is distinguished by its application of environmental sustainability standards, and this is represented in the utilization of rainwater, improving temperatures inside the project, choosing environmentally friendly building materials, and reducing light pollution, in addition to smart transportation, waste recycling, maximizing indoor air quality and improving the efficiency of energy.