Amazon Developments obtains the decennial liability and National Housing Research credits for Capital Diamond Tower project

  • Date: 26-Aug-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Amazon Developments obtains the decennial liability and National Housing Research credits for Capital Diamond Tower project

Amazon Developments succeeded in obtaining the approvals for "Capital Diamond Tower" its project in the central business district in the New Administrative Capital - which is the first and tallest Twisted Tower in Egypt and Africa with 180° rotation angle - by the Decennial liability insurance and the National Center for Housing and Building Research.

Hossam Abu Al Souod, Amazon Developments Chairman, stated that the company started directly in the construction works of "Capital Diamond Tower" project the next day after obtaining the approvals from the Decennial liability, noting that the company is taking steps towards producing an addition to the Egyptian market, by developing a larger number of real estate projects of a distinguished nature that provide guaranteed profit opportunities for investors.

He added that the company keens to work 24/7 a week, to implement "Capital Diamond Tower" project according to the approved timeschedule or even before it.

Abu Al Souod also indicated that "Capital Diamond Tower" project is considered a starting point for the company in the Egyptian market, as Amazon Developments intends to develop a number of real estate projects in various aread of Egypt during the coming period, targeting to provide a different experience for the client and attract