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.”