Egypt - Margins Developments started construction works in its new project, Zia, in the New Administrative Capital (NAC), Daily News cited Vice Chairperson and Managing Director Ashraf Shaheen.

Zia project features commercial, medical, and administrative units.

Located in the Downtown area, the project’s total investments reached EGP 1 billion.

The project is spanned over 18,000 square meters, and comprises 176 units of different areas.

Zia project is scheduled to be delivered by the end of 2023.

Shaheen added that the company intends to expand in the establishment of residential, commercial, administrative, and medical projects, into which it expects to direct approximately EGP 4 billion in investments.

He further noted that the company is studying the acquisition of new plots of land in the NAC and New Alamein.

 

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.