SV Developments launches the A1 TOWER project in the NAC, with total investments worth EGP 1.2 bn, Invest-Gate reports.

Abdel Hamid Ali, chairman of SV Developments, states, “A1 TOWER project will be a prominent and distinctive sign in the Downtown area, and the spaces will start from 20 meters for the units.”

The project is located in the Downtown area and overlooks the tourist towers and the green river, in addition to the northern axis of Mohammed bin Zayed, near the new museum, the gold market, the monorail station, and the mosque of Egypt.

Ali adds that the NAC is a promising national project with several investment opportunities for local and international companies. Additionally, the company plans to launch new projects on its land portfolio in the NAC.

For his part, Mustafa Abdel Hamid, a member of the board of directors of SV Developments, says that the project features 350 units and the spaces will start from 20 meters.

Furthermore, the company is cooperating with a number of distinguished success partners, namely, Atef Khalil, professor at Cairo University, Nasih Musleh, foundation and architecture consultant, head of the Civil Engineering Department at Benha University, Atef Ismail, consultant of the iconic tower of the NAC, and Hossam Mansour, construction consultant.

In the same vein, Aya Kamal, head of the commercial sector at SV Developments, confirms that A1 TOWER project includes commercial, administrative, and medical units. The building is divided into 14 floors and four basement floors, besides using renewable energy and smart tools to manage.

Kamal points out that SV Developments offers diverse and competitive payment systems to customers that are commensurate with the nature of the product and the purchasing capabilities of customers.