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There are many people and companies that have been waiting for this first exhibition, and real estate experts have confirmed that a large segment of those are ones looking to buy distinct property in the NAC.
Egypt Gas aims to expand the construction of natural gas stations for Car Gas, Gas Tec
Company expects to sell 70% of its second mall by year-end, says chairperson
El Attal expected to achieve a large rate of sales for the Park Lane project, especially with the government administrative district being so close to them, which will garner great demand for investments.
The ECB founder Mohamed Abdel Ghany said the NAC accounted for a large share of the company’s projects, namely IL Bosco and Vinci by Misr Italia Properties, and Capital 1 and Capital 2 developed by Safwa for Urban Development.
Waleed Abbas, assistant housing minister for community affairs of NUCA, said on Monday that Sports City is located north R3 in the NAC, on 92 feddan, and includes a football stadium complex, an indoor hall, swimming pools, squash complex, and a tennis court complex.
GAFI to establish a special unit for Egyptian expats
Dubai Digital Park was established with $408m investments
On the sidelines of the signing agreement’s press conference with Orange Egypt, which finalised the establishment and operation of the Administrative Capital data centre on Monday, Abdel Latif noted that the company is still receiving requests from foreign and local companies to obtain the rest of the lands in the first phase of the project, which amounts to 6,500 feddan, and the company is studying serious offers from them.
Boulos pointed out that the built-in area percentage in the project is 18%, less than the allowed 22.5%. The project also includes services such as a mall, an administrative building, and large green space and landscapes.
Project includes 24,000 sqm-areas for sale and construction will start in mid-2020
The ECG said that the CBE headquarters in the NAC will be built on an area of 130,000 sqm.
Shoura council building is being designed to be ready after elections, says ACUD chairperson
Project to be running before 30 June 2020
Abbas added that the contracted company has been working in the Green River area for the past six months.
According to a press release issued by the company, the Knowledge Hub project is the first educational project implemented by ACT in the New Administrative Capital (NAC) for the benefit of international knowledge universities, affiliated with El-Sewedy Foundation for Educational Services
Company to build another project in the NAC in 2020, says chairperson
The project is located in R8 neighbourhood in the NAC, near to the service area in the new capital. Its built-up area is 20% and the rest is allocated for green spaces and artificial lakes.
Company plans to deliver Pukka project in New Capital in 2022 and 2023, says chairperson
President follows up with projects by the Armed Forces Engineering Authority
Orascom, Lightsource BP, Infinity Solar, El Sewedy Electric are among top bidders, says source
The city is currently being built on an area of 211 feddans to be the headquarters of research and innovation centres specialised in advanced technologies such as artificial intelligence, the internet of things, integrated systems, and others.
The MoU expected to turn into contract within six months, says Deutche Wasser International’s managing director
The list includes Orascom, El Sewedy, Infinity, Ibn Omairah, and Light Source, companies to submit bids on 16 October
Over the visit, the NAC representative gave a comprehensive explanation about NAC investment opportunities to the delegation.
Arkan Engineering Consultancy has been assigned for project’s consultancy work, says LGD chairperson
Building located on 9,843 sqm, to be completed in 18 months
The Supreme Council of Antiquities signed an agreement with El Massa for Real Estate Development and Investment over the new museum which will be located in the arts and cultural city of the New Capital.
Project will be self-financed by EGP 3.4bn from the company’s liquidity and sales of residential units
Company aims to expand in New Capital by launching two projects