EGY HOLDING Group announced its success in completing the entire construction works of the “EPIC COMPLEX” project in the New Administrative Capital, to be the first project in Egypt and the Middle East to be designed according to the highest international standards of the Fitwel Organization for healthy and sustainable buildings.
Eng. Mohamed Al-Ahwal, CEO and Managing Director of the Group, said that the company’s strong and ambitious business strategy is based on developing real estate products with international specifications, which guarantees the company a leading position in local, regional and global markets, as coordination has been made between the Project Management Sector and the Contracting Sector in the EGY Holding Group of Companies to achieve record implementation rates with the highest quality standards in the project.
He explained that Fitwel is a global organization specialized in supporting real estate companies’ plans to design workplaces and residential buildings according to standards that enhance the physical and mental health of residents. These standards include aspects such as air quality, lighting, spaces for social communication, and design that encourages physical activity.
He pointed out that after the company completed the construction of the entire project, the percentage of interior finishing reached about 80%, and the electromechanical and central air conditioning systems are currently being implemented, which comes within the company’s plan to adhere to the timetable and deliver according to the dates specified with customers, which enhances customers’ confidence in the company and confirms the elements of credibility, commitment and excellence that the company enjoys in the real estate market.
He explained that the project is located in a distinguished location, as it is located minutes away from the northern Mohammed bin Zayed axis, the central business district, the iconic tower, next to the monorail station and the sports city, and with a direct view of three main axes. It includes 9 floors, two of which are commercial, six repeated floors are administrative and medical, and a hotel floor. A multi-storey garage with a total area of 13,100 m2 is attached to the building.
He added that the success achieved by EGY HOLDING Group in this promising project is the result of strong efforts between an integrated work team that includes Egyptian and international consulting offices and institutions, who exerted strong efforts in all stages of the project’s development, noting that work on the project has not stopped despite the challenges witnessed by the real estate market during the recent period, as commitment is a basic sign in the company’s success journey since the beginning of its work.
He said that implementing Epic Complex according to the standards of the international Fitwel organization makes it a suitable opportunity for all the requirements of international companies, and the project will be a distinguished model for real estate development, to be added to the most important landmarks of the New Administrative Capital, and it also contributes to implementing the state’s plan for sustainable development.
He added that there is a part of the project units that have not been marketed, and this is the stage that will witness the launch of a new real estate product that meets the current market needs, and also provides an actual and distinguished investment return for the company’s clients, especially in light of signing cooperation protocols and actual lease contracts with global brands and companies, in addition to contracting with MAKANK to manage and operate the administrative units with hotel services.
Eng. Mohamed El-Ahwal, CEO and Managing Director of EGY HOLDING Group, revealed the company’s plan to launch new projects during the coming period, which will represent a qualitative leap in the real estate sector, as the company always seeks to be unique and provide everything that is innovative and unconventional in the real estate market.