Senator and Heritage start construction in an administrative district with an investment of 500 million pounds

Dr. Hossam Farag Babylon is the first company to start construction work in the administrative neighborhood ..And the company is targeting 750 million sales for both projects

Babylon has hired a select group of engineering consultants including architectural consultant (ZODIAC), architect Shadi Afifi, engineer Abdullah Khalil, engineering consultant (Design Master) Dr. Ahmed Al Hadidi, engineering consultant (Diyar) Dr. Tarek Al Orabi, and Hisham Suleiman's engineer (I-CON) Elctro Mechanical, engineer Ahmed Shawky, who implements concrete works, Tetra Company (Al-Roda), engineer Mohamed Mehlb.

Dr. Hossam Farag, head of the Board of Directors, explained that Babylon Company is unique in the landing of the work site and the start of construction as the first company in the administrative neighborhood, after adopting the architectural and construction drawings and obtaining the necessary licenses to start the site works, and thus Babylon is the first company to lay the foundation stone in the administrative neighborhood.

It pointed out that the company had the precedence of launching the first projects in the administrative district of the New Capital in 2021, which is a strong guarantee for customers that reflects the company's seriousness in working and meeting its obligations, timelines and requirements set by the new management capital company and the company's desire to contribute in implementing the plans of the state Development.

Dr. Hossam Farag

The head of the board said that the company was keen to choose unique sites that will not be repeated for its projects. These requirements are met in the locations of its Senator and Heritage projects that have direct access to the most important features of the new republic, the powers of the three states: the legislative power (the House of Representatives and the Senate), the executive power (the Council of Ministers, ministries and government districts), the judicial power (the City of Justice and the Court complex), the mosque of Egypt (one of the largest mosques in the world), the Green River and the People's Square, the official arena of the Republic The new one.

Farag said that the investment cost of the two projects exceeds 500 million pounds, and a target sale value of more than 750 million pounds is targeted, and about 250 million pounds will be pumped.

Dr. Hossam added that the administrative capital is a state-designed project and that developers contribute to real expansion and investment. An architectural plan was drawn up in which all previous errors and problems in all urban cities fade. The developers strictly adhered to this plan, which will make the new administrative capital before real investment by local and foreign developers. Therefore, the developers must support the country and follow up with its investment moves to upgrade the sector and make it a developed country.