Egyptian developer Mardev Developments has started constructing its 250 million pounds ($16 million) Skylight Mall in the New Administrative Capital (NAC), the company's CEO said.
Mohamed Zohdy told Zawya Projects that the two-storey mall, spread over 3,000 square metres, will include 83 stores and is scheduled for completion by the end-2022.
ACE Arab Consulting Engineers is the main consultant.
Zohdy said the developer has also launched the 200-unit third phase of its Menorca residential project in the NAC.
He added that the company would invest 400 million pounds ($25 million) into both projects during 2021.
(1 US Dollar = 15.64 Egyptian Pounds)
(Reporting by Eman Hamed; Editing by Anoop Menon)
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