The 1,000 feddan plot of land was allocated to Giza Tourism Development Company, with the subsidiary company to play the role of real estate developer to the project rather than its owner. The project represents good investment feasibility and enjoys interest from the government.
Latest in Highlight
Company intends to begin sales for its Spot project this month
NAC’s first phase sees great demand from both local, international investors
Company’s NAC projects reflect lowest prices available for prime location
PARAGON, located in the financial district of the New Administrative Capital (NAC), consists of a two-story parking area spread over 8,500 sqm, a ground floor, and seven floors containing 205 units.
Company’s total investments in Entrada reach EGP 10bn
NAC remains in full swing, despite ongoing coronavirus pandemic
New Capital maintains its investment attractiveness, says ACUD official
The company will be established under the name “United Company for Establishment, Management, Operation, and Maintenance of Metro Lines and Rail Transport” in accordance with the provisions of the Law on Joint-Stock Companies, Partnerships Limited by Shares, and Limited Liability Companies, and Investment Law.
Company will operate project on behalf of France’s EDF
Company continues its offers in March; strong precautions are being taken to combat Coronavirus, says chairperson
The original neighbourhood of Garden City – located in the heart of Cairo – houses elite families and foreigners as well as foreign embassies, such as the United States, Britain, and Italy, in addition to upscale hotels and restaurants.
Company to participate in Dubai Expo to attract international investors to New Capital
The project comprises 2,500 housing units with different sizes and three commercial malls on an area of 60 feddan on a building area of only 20% of the total area of the project, and the rest are green areas.
Other companies that participated in the tender were El Sewedy, Infinity, Lightsource BP powered by Hassan Allam Utilities, Arab Organization for Industrialization, and others.
Improving mobile services requires new frequencies, facilitating network building procedures: Shoukry
Chairperson of Al-Amiriya Press Ashraf Emam said the authority is equipped with the latest production lines, which include digital printing services, color separation, implementation of designs and technical equipment with the latest offset printing technologies in the Middle East region.
Company intends to expand in Egyptian market, says board member
“We chose Orange to operate the NAC’s data centre due to its global expertise in the field: ACUD managing director
He revealed that 60% of the project’s sales is for non-Egyptians. Additionally, the company plans to be present at the Everest real estate exhibition in Kuwait in October.
Paris East Mall’s sales exceeded EGP 1bn, says chairperson
The company targets marketing the project within six months with prices ranging between EGP 40,000-80,000 per sqm.
The sources added that the Administrative Capital for Urban Development (ACUD) issued the tender’s prospectus on Sunday for $5,000.
Company has EGP 18m contracts, aims to increase its exports
“These youth conferences have certainly become essential for the young people of this nation because they are giving them the opportunity to express themselves and to brainstorm on issues of concern to them and seek solutions for problems the Egyptian society might be facing,” the member said.
Korean investors keen to participate in Egypt’s megaprojects, says ambassador
Mahmoud said that the OIA project is spread over 30 feddan in the New Capital, composed of only 20% of building areas, which include 1,300 units.
Company’s total investments amounted to approximately EGP 36bn
The company said on Tuesday that the mall will operate with the most sophisticated technology as well as include commercial units with small spaces starting from 45 sqm and clinics with 65 sqm with different and various payment plans without down-payments and six-year installment periods.
Company has to complete 25% of its project within a year since obtaining ministerial approvals, says ACUD Chairperson