Mekky Developments company, announced signing a strategic partnership with Capital Edge Developments to develop a group of integrated urban projects in New Cairo, with targeted investments estimated at approximately EGP 10 billion, as this partnership is based on a common vision between the two entities to deliver projects that apply the latest global standards in urban development.
Dr. Ahmed Mekky, Chairman of Mekky Developments, assured that the partnership with Capital Edge Developments represents a significant strategic step towards implementing high-quality projects that add real value to the Egyptian real estate market, noting that the integration of the two companies’ expertise will contribute in providing innovative real estate products that apply clients aspirations and align with the rapid development the sector is witnessing.
He added that this partnership is the culmination of the two companies’ extensive experience and proven track record in developing diverse real estate projects, along with the accumulated experience of their founders in the construction and real estate development sectors, which ensures the execution of projects characterized by the highest levels of quality, innovation, and sustainability.
He pointed that strong partnerships are one of the most important drivers of growth in the real estate sector, and this partnership based on a common vision based on quality, innovation, and a commitment to delivering integrated projects that achieve the highest levels of return and added value for both clients and investors.
Eng. Ahmed El Gendy, CEO of Capital Edge Developments, explained that the collaboration with Mekky Developments reflects a strong alignment in the strategic visions and objectives of both parties, pointing that the partnership is based on a combined 25 years of experience for both companies and a strong track record that enables them to implement distinguished projects according to the highest technical and engineering standards.
He assured that through this partnership, they aim to offer a sophisticated model for integrated urban projects, based on the latest technologies and innovative solutions in design and implementation, contributing to enhancing the quality of life and achieving sustainable value for the Egyptian real estate market.
He pointed that the coming period will witness the announcement of several new projects that reflect the partnership hopes, supporting expansion and growth plans aligning with the urban and developmental renaissance that Egypt is experiencing in various promising cities and regions.
