Egyptian developer DIG has started excavation work for its two commercial projects in the New Administrative Capital (NAC), the company's chairman said.

Hussein Salah told Zawya Projects that the 15-storey Track 14 project is being developed at an investment of 750 million Egyptian pounds ($25 million) while the 11-storey Track 10 involves an investment of EGP 450 million ($15 million).

He said both Track 14 and Track 10 will feature offices, clinics, and stores with delivery scheduled for the fourth quarter of 2025.

Salah added that Hafez Consultants is the lead consultant for both projects, adding that HRE Properties will manage and operate them.

(1 US Dollar = 30.28 Egyptian Pounds)

(Reporting by Eman Hamed; Editing by Anoop Menon)