West Way Developments plans to launch projects with total investments of EGP 2.75 bn in 2023, Invest-Gate reports.

The company plans to launch a residential project in New Zayed City on an area of 15 feddans with investments of EGP 750 mn.

West Way also plans to launch a medical commercial project in Sheikh Zayed on an area of 2,300 sqm, with investments of EGP 750 mn.

Furthermore, the company seeks to launch a commercial project in New October City on an area of 4,400 sqm, with investments estimated at EGP 1.25 bn.

Muhammad Farouk, Chairman of West Way Developments, notes that the company was established from an alliance of huge real estate entities that includes DIG Developments, Al Youssef, Deyaar, and Mimar Al-Farouk.

He adds that all parties to the alliance have a large business precedent and a portfolio of projects that include about 20,000 delivered units.