Karnak Developments Appoints ICO as Executive Consultant for Belva Project

Karnak Developments has appointed ICO for Consultants as the executive consultant for its Belva Project in New Zayed City.

The partnership reinforces the company’s commitment to delivering high engineering standards, construction quality, and long-term investment value.

Furthermore, the appointment comes as Belva enters its construction phase. The company completed all required approvals and regulatory permits.

Consequently, the project has transitioned from planning to full-scale execution. It follows the targeted development timeline. Moreover, it reflects Karnak Developments’ focus on quality, innovation, and sustainable community development.

Strategic engineering partnership

Karnak Developments has appointed ICO for Consultants as the executive consultant for its fully integrated residential project, Belva, in New Zayed City, west Cairo.

The appointment reflects the company’s commitment to delivering the project according to the highest engineering, construction, and quality standards.

Commenting on the partnership, Eng. Mohamed El Basha, Chairman of Karnak Developments, said:

“Our partnership with ICO for Consultants is a strategic step that aligns with our commitment to delivering projects that meet the highest standards of quality and technical excellence.”

He added: “By working with one of the industry’s leading engineering consultants, we aim to ensure the successful execution of Belva.”

Moreover, he said the partnership will enhance the project’s long-term investment value.

Furthermore, the appointment comes as Belva enters its construction phase. The company completed all required approvals and regulatory permits.

Consequently, the project has moved from planning to full-scale execution. The development continues according to its targeted timeline.

Development strategy

El Basha added that Karnak Developments places strategic site selection at the core of its development philosophy.

Additionally, the company prioritizes partnerships with leading engineering and consultancy firms.

The company also focuses on construction quality, operation quality, and comprehensive after-sales services.

As a result, this approach maximizes long-term value and investment returns for customers.

Prime location in New Zayed

Furthermore, El Basha noted that Belva enjoys a prime location. The project sits in the Green Revolution district of New Zayed City on Street 2.

Moreover, the location offers seamless connectivity to major destinations.

Belva is only three minutes from ZED Park. It is five minutes from Hyper One.

Likewise, it is seven minutes from Al Ahly Club. The project is also ten minutes from Arkan Plaza, Dandy Mall, and Smart Village.

Additionally, Mall of Arabia is only fifteen minutes away.

Therefore, Belva ranks among the most strategically located residential projects in New Zayed.

Master plan and residential concept

Moreover, El Basha highlighted that Belva extends across 18.5 feddans. The project dedicates only 19% of its land to buildings.

Meanwhile, more than 80% of the total area features landscaped greenery. The master plan also includes open spaces, recreational facilities, and integrated amenities.

Consequently, the development creates a vibrant and sustainable residential community.

It also enhances residents’ well-being and quality of life. Residential units and payment plans

The development comprises 21 residential buildings. Each building includes a ground floor and six upper floors.

Additionally, Belva offers apartments and duplexes. Unit sizes range from 90 sqm to 267 sqm.

Furthermore, Karnak Developments provides flexible payment plans of up to 10 years.

The company scheduled the project for completion within three and a half years.

Construction has already started following the issuance of all required permits and approvals.

Lifestyle amenities

Belva offers a comprehensive range of lifestyle amenities. The project includes a commercial and administrative hub.

It also features underground parking with electric vehicle charging stations.

Moreover, residents will enjoy a fully serviced clubhouse. The development also includes swimming pools.

Additionally, it offers tennis, padel, and basketball courts. Residents will also benefit from a state-of-the-art gym.

Furthermore, Belva includes a dedicated children’s area. The project also features a yoga and Pilates studio.

Finally, Belva provides a comprehensive 24/7 security system. Advanced surveillance cameras further ensure a safe and secure residential environment.

Architectural design

Renowned architect Raef Fahmy designed Belva. He is one of the region’s most distinguished names in architecture and urban design.

Moreover, he brings more than 35 years of experience. His portfolio also includes numerous award-winning projects.

Karnak Developments’ legacy

Meanwhile, Eng. Mohamed Yousry, Chief Executive Officer of Karnak Developments, highlighted the company’s achievements.

He said the company has built a strong legacy in construction and real estate development since 1990.

Over the past three decades, Karnak Developments has developed more than 400,000 square meters.

Additionally, the company has delivered more than 3,150 residential units. It has also completed several landmark projects across Cairo and Alexandria.

Moreover, Karnak Developments owns Vitali Mall in New Cairo’s Fifth Settlement. The company is also expanding through the Belva project in New Zayed City.

ICO for Consultants’ expertise

Furthermore, Yousry said appointing ICO for Consultants adds significant value to the project. He noted that ICO ranks among Egypt’s leading engineering consultancy firms.

The company specializes in structural design and executive supervision. Additionally, Prof. Dr. Mohamed Sayed Moawad leads ICO.

He serves as Professor of Reinforced Concrete Structures at the Faculty of Engineering. He is also a member of several regional and international engineering organizations.

Moreover, ICO has built an impressive client portfolio. Its clients include City Edge Developments.

The portfolio also includes IL Cazar Developments. Additionally, it serves LMD. The company also works with Al Borouj Misr.

Furthermore, ICO serves Porto Rentals. It also collaborates with the Egyptian Armed Forces Engineering Authority.

Finally, the firm has contributed to landmark developments across Egypt. These projects include Creek District.

They also include The Crest, Etapa, Arabella Plaza, Connex Park, and West Drive. Additionally, ICO has supervised several high-rise towers.

The firm has also delivered prestigious projects in the United Arab Emirates. Therefore, ICO continues to demonstrate extensive expertise in engineering consultancy, structural design, and executive supervision.