Latest in Tag: NAC Highlight
Latest in Tag: NAC
Hometown Developments executes 50% of La Fayette Mall constructions at NAC
Hometown Developments announced that the construction rate in the La Fayette Mall project in the New Administrative Capital (NAC) has reached 50%.
Mazaya Developments begins construction on 3 projects at NAC ahead of schedule
The company’s investments in the NAC exceed EGP 2bn
CGD Development launches Glouvre Side NAC with EGP 500m investments
The company also plans to develop new projects with investments worth EGP 700m in 2022
Giza Systems wins tender for smart transportation, traffic systems in NAC
Engineer Mohamed Khalil — Head of the Technology and Systems Sector at the Administrative Capital for Urban Development — said that Giza Systems will establish an integrated model for transportation systems and smart traffic for urban communities for the first time in Egypt.
New Event Developments debuts Trave Project at NAC
Alragwy further noted that the real estate market in Egypt witnessed an unprecedented renaissance, especially with the state’s efforts to develop this vital sector in which more than 100 other industries are involved, which contributed to a remarkable recovery in light of the current global crises.
Prime Developments contracts with EFS for managing its NAC projects
Yacoub added that this agreement was made in order to manage the company’s projects in the NAC, which will be announced soon with joint Egyptian-Kuwaiti investments.
NCB Developments launches Verity at NAC with EGP 500m investments
Gerges Lawendy — Chairperson of NCB Developments — said that Verity is the company’s first investment in NAC, highlighting that the company’s Board of Directors has a vision in investing in the development and construction of this mega national project through a package of projects that are appropriate for the city.
Egypt’s Panorama Developments introduces two projects in NAC
Chairperson of Panorama Developments Ahmed Mostafa Mabrouk said that these are the company’s first two projects within the NAC, and that they are being implemented with investments estimated at EGP 900m.Â
NAC’s first phase to be fully completed on 30 June: Housing Ministry
We are expecting great demand by Arab and foreign investors to invest in the NAC’s coming phases: Deputy Housing Minister
Paragon Developments sells out 50% of Paragon 2 at NACÂ
Bedeir noted that the company has 35 years of experience in all fields of development, construction, engineering, architectural consultancy, project management, innovation in designs for administrative and commercial buildings, hotels, and tourist resorts in Europe, the US, and the GCC.Â
Stakeholders expect further expansion in commercial, administrative projects at NAC
30% increase in demand for New Capital projects
EGY MAPS launches real estate online platform collecting 100 projects in NAC
Chairperson of EGY MAPS, Mohamed Hamza, said that the company decided to showcase projects in the NAC on the platform due to its importance as a smart and sustainable city that is witnessing an urban boom with wide diverse projects, in addition to a strong demand from clients for the projects in the city.
Avaris Holding introduces Helios Health Park at NAC over 2,700 sqm
CEO of Avaris Holding Mahmoud Al-Serrag said that the Helios Health Park is the company’s first project in the NAC and is being developed with a ground floor and 10 storeys.
Modon Developments to establish Green River Tower in NAC with EGP 4.5bn investment
Green River Tower is the 5th and latest project of the real estate developer. It is considered as a continuity to Modon Developments’ significant portfolio since it started its work in the Egyptian market last year; as it launched a number of projects in the NAC.
Contact Developments debuts Cayo Mall in NAC
Project’s investment estimated at EGP 1.3bn: Chairperson
Urbnlanes introduces Levels Business Tower at NAC with EGP 5bn investments
Company aims to invest EGP 10bn during 2022, says CEO
HMD targeting selling 50% of its two projects at NAC
Al-Ghazali explained that the marketing plan will be implemented over two phases, the first within three months, and the second in the three months after that.
Babylon begins construction on 2 projects in NAC with EGP 500m investment
Company is eyeing EGP 750m in sales from two projects
Egypt’s NAC is integrated smart city, has no market competition: ACUD Spokesperson
Egypt’s New Administrative Capital (NAC) is an integrated smart city, according to Khaled El-Husseini, spokesperson for the Administrative Capital for Urban Development company (ACUD). El-Husseini also said that it is being set up with an integrated technological infrastructure according to the latest international standards. It also has a large number of integrated health, educational, residential, …
Valencia Development launches its 1st project at Egypt’s NAC
Company also intends to invest in Egypt’s North Coast region
Egypt to begin transferring government bodies to NAC by August: Prime Minister
New Capital to be inaugurated by 2021 end
Menassat Developments launches 2 projects in NAC with EGP 6bn investments
Company contracts with former football player Ahmed Hassan to establish sports rehabilitation centre
Mardev Developments launches Menorca compound’s 3rd phase at NAC
Company studies market requirements before starting projects, to provide product that meets customers’ aspirations, says CEO Mohamed Zohdy
Tamayoz to debut second project in NAC
Ivory Plaza, which is a commercial, administrative, and medical project situated on 6,200 sqm in the NAC, is expected to see sales worth EGP 600m.
Egypt’s Environment Ministry, UAE’s Bee’ah address waste management at NAC
Aim is to reach 80% of waste recycling in Egypt, says Environment Minister
MG Developments launches Promark project at New Capital with EGP 1.2bn investments
MG Developments is set to launch its Promark project at the New Administrative Capital (NAC), with estimated investments of EGP 1.2bn.
Approaching government transfer to New Capital spikes property prices by 20%
NAC will have strong impact on revival of real estate sector
ERD Developments launches EGP 4bn worth Diamond Towers in New Capital
Project consists of two towers dedicated to commercial, administrative activities in NAC’s Downtown area
Hometown, Hassan Allam contract to manage 2 property projects in New Capital
Two projects are Lafayette Mall in Downtown area, Zaha Park project in MU23
TMG pays EGP 44bn for Capital Gardens City’s land value in 2021: CI Capital
CI Capital expects project’s housing unit sales would record about EGP 826bn