In a big party in the presence of public figures and stars of society..UDG celebrates the launch of its first projects in the capital and announces its investment plan in the market

Walid Al-Zaini - Head of the company's board of directors: The time is now perfect for investment and the best management capital ever

CEO Mohamed Mounir: Choosing success partners for the I-Tower project is the first step to introduce an integrated project of high quality

Tareq Al-Jedawi: The E Tower project is a commercial administration in the CBD area at competitive prices

The UDG Urban Development Company celebrated the launch of its first project in the administrative capital, E Tower, in a huge ceremony attended by Lebanese singer Wael Kafouri, with the presence of a large number of public figures, community stars, businessmen, politicians, artists and prominent media professionals.

Walid Al-Zinni - Chairman of the company's board of directors said in his speech at the ceremony that the E Tower project is the first project of the United Corporation for Development UDC that started in the Egyptian market last month after a very careful study of the market and a careful and good choice of the time and place to invest with different ideas and vision, praising the investment climate now, And stressing that there was no more appropriate than the current time to start the company's investments in the Egyptian market, and no better than the administrative capital as one of the best investment areas in Egypt now in light of the pursuit of the country represented by His Excellency President Abdel Fattah El-Sisi By taking all measures stimulating investment, creating an attractive work environment, and expanding the construction of urban cities with a different thought, foremost of which is the new administrative capital, this time has become an ideal time to start our business in the market.

Mohamed Mounir, CEO, added during his speech at the ceremony that the E Tower project is "administrative and commercial" and is located in the CBD area in a very distinct and different location in the central business area of the capital, noting that the vision and experience that the UDG partners have qualified them to come up with this project and take into account the most technical and engineering details in its distinctive architectural design and choose the best partners in the real estate market and the owners of expertise extended for many years in order to implement an integrated and high-quality project to be a distinctive brand and addition to the company in the market with its start.

Tarek Al-Jedawi, managing director of the commercial sector of the company, said that the plan drawn up by the company is based on providing a different and new real estate product on the Egyptian market in terms of design, implementation strength, services and concessions that the company will offer in each of its projects with the aim of meeting the needs of the market and providing its customers with the actual requirements that provide them with all the means of comfort and safety and providing the highest return on their investments.

Al-Jedawi added that the project is a financing consisting of 14 floors and is located on a building area of 14,000 square meters with a total investment estimated at 750 million pounds and will be delivered within 4 years, stressing that the company plans to launch its second project during the first half of the year 2022, which will be in the new administrative capital as well. There are several investment opportunities under study that are examining the economic feasibility of them in a number of new cities within the framework of the company's expansion plan during the year 2022.