Development and Engineering Consultants Company (TAMEER) announces the launch of its new project, Urban Business Lane “UBL”, which is one of the largest investment businesses districts in the New Cairo area, Invest-Gate reports.

Spanned over an area exceeding 55,000 sqm, UBL project is one of the components and part of the executive plan of the company’s pioneering project, URBAN WALK, one of Egypt’s most important mixed-use projects. The UBL project provides a variety of spaces that suit all the companies.

For his part, the Chairman of the Board of Directors of TAMEER, Saad Al Wazzan, says that the UBL project comes within the framework of the company’s strategy to provide innovative and modern administrative and commercial solutions that give customers safe investment opportunities in environment-friendly communities, which enjoy the highest standards of quality and international specifications.

Meanwhile, the Head of the Commercial Sector at TAMEER, Mohamed Younis, explains that the company has obtained the ministerial decision on the “UBL” project and the 1st phase will be launched next March and delivered after three years with payment systems of up to 7 years.

He points out that the UBL project is located at the heart of New Cairo, next to the Azad project, near the American University in Cairo, 20 minutes away from the NAC, and 15 minutes away from Cairo International Airport.

Also, he reveals that the total administrative areas in the 1st phase will be 66,000 sqm, with areas starting from 75 sqm and the total commercial spaces will reach 16,500 sqm. In addition, a private parking for more than 4000 cars.