Rekaz Developments has announced a cooperation agreement with Sintali Limited and Ecotechnic Consultancy to implement international green building standards and secure the EDGE certification for its Lazuli project in Hurghada, marking a significant step that reflects the growing embrace of sustainability within Egypt’s real estate sector.
Designed to align with the company’s broader strategy of boosting project efficiency and keeping pace with worldwide shifts in construction, the cooperation supports ongoing global efforts to shrink the environmental footprint of real estate while optimizing the consumption of energy, water, and resources.
Ultimately, the cooperation reinforces Egypt’s national vision to expand green building practices and foster more sustainable urban environments.
Eng. Tamer Bakeer, CEO of Rekaz Developments, stated that the EDGE certification is considered one of the most prominent international green building accreditation systems. It was developed by the International Finance Corporation (IFC), a member of the World Bank Group, to evaluate building performance in terms of energy, water, and material efficiency according to specific technical standards, thereby contributing to lower operating costs and minimizing the environmental impact of buildings.
He added that the current phase of cooperation aims to apply EDGE certification requirements to the hotel and the clubhouse within the Lazuli project. Concurrently, the project team will review the design and execution elements of the completed residential components and evaluate their compliance with green building requirements, as part of the company’s broader commitment to enhancing sustainability standards across the entire project.
Bakeer noted that adopting green building standards is no longer merely a design enhancement or a marketing feature for real estate projects, but has become a strategic priority dictated by global changes in the real estate development industry, particularly with the increasing focus on operational efficiency, resource conservation, and environmental protection.
He explained that the company aims to present a coastal real estate development model that combines design quality, optimal land use, and environmental responsibility. This is embodied in the Lazuli project, where buildings do not exceed 20% of the total project area, while about 80% is allocated to green spaces and lagoons. This creates an open urban environment and enhances the quality of life for residents.
The development is located in Hurghada on an area of approximately 40,000 sqm, and features a diverse collection of residential units including apartments and studios, alongside an integrated system of services. These include a social club, a health club, a business center, a padel court, swimming pools, a sports boardwalk, in addition to landscaped green spaces and lagoons.
The company has completed the construction and building works for the phases that were previously launched and sold in the project, and is currently carrying out finishing works. It is also preparing to start the construction of the third and fourth phases, along with the social club and the hotel, as part of its plan to complete the project and elevate the level of services provided to its clients.
Bakeer pointed out that the cooperation with Sintali and Ecotechnic represents an important step toward elevating the technical and environmental standards of the project, and benefiting from specialized international expertise in applying green building certification systems.
This enhances the project’s competitiveness and aligns with the requirements of international markets and investors, who now place sustainability at the forefront of their priorities when evaluating real estate and tourism projects.
He concluded that adopting these standards will open wider horizons for real estate projects to access green finance and investment opportunities, as well as enhance their attractiveness to international institutions and global hotel brands, for which sustainability and operational efficiency have become top priorities.
