As part of its expansion in the Egyptian market and efforts to capitalize on promising investment opportunities, Tatweer Misr announced the signing of a strategic partnership with the Egyptian Armed Forces Land Projects Authority (AFLPA) to develop a land plot in Mostakbal City and establish an integrated residential project spanning 150 feddans.
MIDAR for Investment and Urban Development hosted the signing ceremony of the partnership between Tatweer Misr represented by Dr. Ahmed Shalaby, Co-Founder, President & CEO, and the Egyptian Armed Forces Land Projects Authority (AFLPA). The contract signing was witnessed by Major General Engineer Staff Amir Sayed Ahmed, Chairman of MIDAR for Investment and Urban Development and Presidential Advisor for Urban Planning, Eng. Ayman Elkousey CEO & Managing Director of MIDAR for Investment and Urban Development, and Eng. Baher Ayoub, Deputy CEO of Tatweer Misr, alongside a number of senior leaders and officials from the Egyptian Armed Forces Land Projects Authority (AFLPA), MIDAR and Tatweer Misr.
Under the partnership, Tatweer Misr will develop the land and establish a 150-feddan integrated residential development, supported by a comprehensive range of amenities and facilities. Designed as a fully integrated urban community in Mostakbal City, the development will cater to the needs of diverse customer segments.
Dr. Ahmed Shalaby, Co-Founder, President & CEO of Tatweer Misr, said: “This partnership represents a natural extension of Tatweer Misr’s presence in Mostakbal City and reaffirms the city’s position as one of the most promising areas for urban development in Egypt. Through this project, we are drawing on our expertise in developing integrated urban communities to create a development that combines quality planning, diverse amenities, and integrated living experience for our customers. Tatweer Misr continues to expand its portfolio through strategic partnerships that enable us to develop distinctive projects in strategic locations, reinforcing our commitment to creating integrated and sustainable urban communities.”
With the signing of this partnership, Tatweer Misr further strengthens its presence in Mostakbal City through a new project that supports its expansion in East Cairo and broadens the diversity of its real estate portfolio.
