رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Empire State Developments Accelerates Expansion in Egypt’s New Administrative Capital

Empire State Developments

Empire State Developments has announced an ambitious new investment and expansion strategy

building on the strong performance of its three landmark projects in Egypt’s New Administrative Capital

The plan aims to reinforce the company’s local footprint while opening the door to regional and international

markets Eng Mostafa Mohsen, Chairman of Empire State Developments, stated that the company is preparing

to launch new investments as part of a comprehensive growth strategy focused on expanding within the New

Administrative Capital, alongside exploring promising regional opportunities

Strategic Expansion in the New Administrative Capital

Mohsen explained that Empire State Developments is actively pursuing local expansion through

the development of new real estate projects and the acquisition of additional land plots in the New

Administrative Capital This approach aligns with the company’s long-term vision for sustainable growth

particularly in light of the wide range of investment opportunities available for financially strong and visionary

developers He emphasized that the New Administrative Capital continues to offer a fertile environment

for serious investors seeking long-term returns, supported by modern infrastructure and a forward-looking

urban development strategy

EGP 11 Billion Investments Across Three Flagship Projects

The Chairman revealed that Empire State Developments’ total current investments

have reached EGP 11 billion, distributed across three major projects in the New

Administrative Capital

El Centro Business Park

An integrated administrative and commercial project spanning 5,231 square meters

El Centro Business Park is strategically positioned to serve as a prime hub for companies

startups, and entrepreneurs seeking a modern business environment in the capital

Evet Mall

Located in the MU12 district near the main gates of the New Administrative Capital

Evet Mall is a mixed-use commercial and entertainment destination. The project offers

a wide range of retail, service, and leisure activities designed to support the needs of a

rapidly growing residential population

Upmount Residential Project

Upmount is the company’s latest residential development in R8, currently being prepared for launch

The project features a distinctive architectural concept that redefines upscale living, aiming to deliver

a tranquil, balanced, and high-quality lifestyle within one of the most prestigious residential zones

of the New Administrative Capital

Confidence in Egypt’s Visionary National Project

Empire State Developments Commenting on the company’s future outlook, Mohsen stated

We are confident in the future of the New Administrative Capital as Egypt’s national project for

the 21st century. Our goal is to expand our operations locally and globally over the coming years

by delivering projects that meet international standards and reflect a clear, future-oriented vision.”

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