Valero Developments has announced the commencement of construction on its latest project, Circle 9 Mall, in Obour City, East Cairo, aligning with its vision to become a leader in the real estate market, Invest-Gate reports.
At the same time, the project has been launched for customers. Strategically located in Obour City, Circle 9 Mall is a comprehensive commercial hub that features modern designs and a variety of spaces tailored to meet the needs of diverse business activities.
Eng. Ahmed Abdel Salam, CEO of Valero Developments, stated that rapid construction is a defining characteristic of successful real estate projects. It underscores the company’s dedication to meeting client timelines while showcasing its strong financial stability, enabling it to prioritize top-quality execution.
Abdel Salam emphasized the company’s commitment to adhering to rigorous technical specifications and engineering standards.
He added, “Valero Developments is the first company in Obour City to begin construction on its project just one month after its launch, reflecting our commitment and determination to construct and deliver on schedule, safeguarding client investments while enhancing the project’s investment value.”
He highlighted that Circle 9 Mall is the company’s newest development, designed as an innovative commercial and medical hub in Obour City. With this project, the company aims to create a landmark development and establish itself as a leader in commercial and medical projects within the city.
Abdel Salam explained that the project offers a variety of spaces to meet the needs of different commercial and medical sectors. The company aims for the project to become the top destination for both consumers and investors in Obour City. With a building ratio of only 30%, the mall overlooks a 10,000-sqm garden.
The project includes a diverse range of units, comprising a lower ground floor, a ground floor, and three upper floors, specializing in commercial and medical activities, with unit sizes starting from 28 sqm.
He noted, “We selected a prime strategic location in front of the main gate of the Dar Misr Compound in Obour City, placing Circle 9 Mall at the heart of the city. The project is just minutes away from key roads and landmarks, including the main Obour Axis, Belbeis Road, Benha University, Obour Club, Carrefour Obour, and other vital locations. It serves the Ninth District and the recreational area of Obour City.”