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'Skyway Developments' to Develop Projects in NAC


Mon 13 Dec 2021 | 04:44 PM
walid Farouk

"Skyway Developments" announced the most prominent features of its expansion plan in the real estate market during the coming period, which is compatible with the state's plan for urban development and expansion in new cities.

Skyway Development CEO Hosny El Saidy, said that the state's inauguration for a generation of new cities carries a lot of unprecedented investment opportunities that attract local and foreign investors.

El Saidy added that the company aims to be part of this comprehensive development and implement investments in new cities.

El Saidy stated that the new administrative capital is one of the most prominent fourth-generation cities, a national project and a dream that became reality within the start of the transfer of government district employees to the administrative capital.

He added that the company started its investments in the new administrative capital with "Bayadega" project, as a commercial, administrative, medical project located in The Down Town towers district. It invested 700 million pounds, and it focuses on the element of innovation in all the details of the project.

"The company opened its new headquarter in Helnan Landmark Hotel in the Fifth Settlement area in New Cairo, as part of its plan to serve its expansions inside and outside the New Administrative Capital (NAC) targeting further expansions in the new capital, based on the location importance" he explained.

He pointed out that the company is planning to attract Gulf investments to participate in the development of other projects in partnership during the coming period, as a part of its expansion plans that require an administrative office suitable for work environment.

On his part, Tamer Saeed, Skyway Developments

Executive manager explained that the company has an expansion plan that is interconnected and it will begin its implementation during the coming period after launching its first project- "Bayadega" in the New Administrative Capital. It will be a distinctive mark in the Down Town.