Safwa Urban Development (SUD) unveiled its major accomplishments in 2024, marking a year of strong achievements reinforcing its expansion and investment strategy for 2025, as well as Invest-Gate reports.
The company also unveiled its upcoming projects and plans during its annual Iftar event, attended by executives, employees, success partners, and distinguished journalists and media professionals.
Mohamed Shalaby, CEO and Managing Director of SUD, highlighted that the company’s investment plan for the current year includes significant investments to accelerate construction rates and ensure timely project deliveries.
Shalaby said that the SUD plans to inject EGP 5 bn into construction in 2025, compared to EGP 4bn last year, reflecting a rapid pace of development across all its projects.
These projects include Capital Heights 1, a 50-fedan compound featuring 2,000 residential units located directly on the central axis facing the Nativity of Christ Cathedral. Capital Heights 2 spans 57 feddan and offers 2,450 residential units, including palaces with an area of 1,095 sqm. Additionally, Capital Hub 1 is a commercial center situated in one of the most vibrant areas of the New Administrative Capital, covering an area of 30,000 sqm.
The fourth project, Hub 2, is 35,000 sqm and located in one of the best locations in the New Administrative Capital. It consists of a basement, ground floor, and two additional floors. Meanwhile, the Financial Hub is strategically located in the heart of both the Financial District and the Banking District.
Eng. Youssef Shalaby, Board Member of SUD, emphasized that the company closely monitors all project construction phases to ensure strict adherence to scheduled timelines and the highest quality standards.
SUD has already completed and delivered several projects, including High City, where the company welcomed the new year with a special celebration for its residents, Shalaby said.
Eng. Ali Shalaby, a board member of SUD, stated that the SUD Integrated Group owns five subsidiaries operating in various sectors. These include SUD, which specializes in real estate development; Design Makers, a company focused on finishing works and landscaping; Lusial General Contracting, which specializes in construction; Safwa International Schools, which serves the education sector; and a group of medical companies and pharmacies within the healthcare industry.
Shalaby explained that this diverse portfolio reflects the group’s vast scale and extensive economic activities across multiple industries.
He indicated that SUD collaborates with many strategic partners on its projects. These include Sabbour Consulting, CAP DMA, Creative ZDC, Arcplan Group, Design Criteria, INJAZ, and ACE Moharram Bakhoum.