El Etahad Development, Summit Development, and Dynamic Group Launch BAYAN Compound in New Minya

An alliance between El Etahad Development, Summit Development, and Dynamic Group has officially launched BAYAN Compound New Minya. one of the latest residential developments in the expansion area of New Minya City.

The alliance officially unveiled the project during a grand launch ceremony. The event brought together members of parliament, businessmen, representatives of real estate development and marketing companies, public figures, and media representatives.

Commenting on the launch, Eng. Ahmed Megahed, Chairman of Summit Development, and Eng. Mohamed Khalaf, Chairman of Dynamic Group, presented the shared vision behind the project. They emphasized that the partnership covers every stage of development and engineering planning. Moreover, they said the alliance aims to deliver a high-quality real estate product based on transparency, commitment, and engineering excellence. As a result, the project will meet clients’ aspirations and create long-term value for New Minya’s real estate market.

Eng. Ahmed Megahed said the project represents the outcome of a strategic partnership between El Etahad Development, the landowner, and Summit Development and Dynamic Group, the development partners. He explained that this investment model combines real estate expertise, engineering excellence, and a long-term development vision. Furthermore, the alliance seeks to deliver a fully integrated residential community that keeps pace with New Minya’s urban expansion.

He added that BAYAN Compound New Minya spans 13 acres. The buildings cover no more than 20% of the total land area. The master plan dedicates the remaining area to landscaped spaces, integrated services, and open areas. Consequently, the project offers a balanced residential environment that enhances quality of life and provides residents with a modern community.

Megahed also stressed that the planning maximizes green spaces and integrates essential services that support everyday living. In addition, the design combines privacy, comfort, and functionality. Therefore, the project creates a residential destination that meets the expectations of homeowners and investors alike.

He added that the alliance prioritizes quality throughout every development stage, from planning and design to construction and delivery. Therefore, all partners will implement the project according to the highest engineering, technical, and professional standards. They will also maintain complete transparency with clients throughout the development process.