Under the partnership, developers collaborating with CIB provide clients with flexible payment plans and exceptional down payments.
Hometown's Chairman, Diaa El Din Farag, says that the acceleration of the project’s implementation pace bridges the gap between the sales price and construction costs, as inflation in prices of building materials caused differences between marketed and actual prices.
The agreement comes as a part of NJD’s efforts to keep pace with the latest developments in the world through partnerships with major consultancies worldwide.
The acquisition aims to boost the volume of Zodiac’s business and investments in the local market and contribute to Egypt’s plan to develop fourth-generation cities.
Managing Director and CEO of Heliopolis Company, Tamer Nasser, says that the company is keen on creating a sustainable life for residents and visitors of its projects while maintaining the architectural and urban heritage of the Heliopolis district.
CEO of Arqa Developments, Ahmed Gamal, urges developers to participate in the initiative as soon as possible, in order to support the sustainable development goals by utilization of information technology and telecommunications in the Egyptian real estate market.
Trio V Tower is a commercial, administrative, and medical project located in an area of about 7,000 sqm, including a built-up area of 2,100 sqm, Head of the Commercial Sector at Nakheel Developments, Wassim Ouda, says.
Urbnlanes is implementing three projects in the New Administrative Capital and the New Cairo’s 5th Settlement district with total investments of EGP 11 bn.
President of North East Africa and Levant Cluster at Schneider Electric, Sebastien Riez, comments: “The recent agreement bolsters our efforts to make pace with development in the sector and accelerate digital transformation in the business world.”
The project is implemented according to Go Green initiative and in collaboration with the New Cairo Development Authority (NCDA).
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