Karim Abu Hatab, the CEO and Vice Chairman of EG Towers, notes that the company achieves success in 2022 by selling its first project in the New Administrative Capital and that it works to achieve the highest retu ...
The company focuses in 2023 on completing the construction of all projects, Faris notes, adding that 80% of construction works at Il Mondo are completed.
The company seeks to maintain the highest urban development rates in terms of sustainability and use of clean energy, as well as increasing green areas.
Three of the four facilities are set to be launched in 2023 in Pioneer Plaza, Maspero Business Tower, and One Kattameya Maadi.
The company announces that its plan for the year focuses on accelerating construction rates and delivery of its projects.
Chairman of ERG Developments, Mohamed Rizk, says that the company plans to launch the final phases of its residential and commercial projects in NAC.
Al-Mansi reveals that the company accelerates the implementation of the Kaizen Language school on 16,800 sqm in NAC’s R7 district with over EGP 500 mn in investments.
The first phase accounts for 35% of the project, while the second phase of the project is scheduled to be launched in Q1 2023, the top executive notes.
In 2022, MIP launches a new phase in the Vinci project, Vinci Lagoons, in the New Administrative Capital on 5,000 sqm with a coastal line of 700 meters.
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