Eng. Mostafa Mohsen, Chairman of Empire State Developments, revealed the company’s plan to start new investments. This is part of an expansion strategy aiming to enhance its presence in the New Administrative Capital. In addition, the company is moving towards regional markets to expand its influence.
He added that the company is working on local expansion by developing new projects in the New Administrative Capital. Moreover, the company is acquiring additional lands, aligning with its sustainable growth and development plans.
This is possible given the availability of numerous investment opportunities for serious and ambitious companies. Furthermore, companies with a clear vision for growth and strong financial solvency can support these plans.
The Chairman pointed out that the company’s current total investments amount to EGP 11 billion. These investments are distributed across three major projects in the New Administrative Capital.
The first project is El Centro Business Park, an administrative and commercial project located on 5,231 square meters. It is regarded as a prime destination for companies and entrepreneurs seeking strategic locations.
The second project is Evet Mall, a commercial and entertainment project located in the MU12 district. It is near the gates of the New Administrative Capital and serves a growing residential community. Additionally, it encompasses a diverse range of commercial and service activities.
The third project is Upmount, the company’s latest residential project in R8, currently under preparation for launch. Upmount boasts a distinctive architectural design that redefines the quality of life in upscale communities.
It creates a new level of distinction for its residents while providing a tranquil and balanced environment. Moreover, the project aims to provide a high-standard living environment in one of the most prestigious areas.
He noted: “We are confident in the future of the New Administrative Capital as the nation’s project for the 21st century. Consequently, we aim to expand our operations within Egypt and globally in the coming years. We will deliver projects that meet international standards and vision, ensuring sustainable and high-quality developments.”