DIG is expanding in Zayed and New Cairo, with EGP 10bln investments within 2023

  • Date: 27-Feb-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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DIG is expanding in Zayed and New Cairo, with EGP 10bln investments within 2023

Hany Helmy, Vice Chairman of of DIG, said that his company is adopting an expansion plan in various areas in Cairo, including projects in Sheikh Zayed City and the Fifth Settlement, where the implementation of projects in West Cairo begins with DIG's sister, West Way Developments.

This comes within the framework of the company's strategy towards increasing the company's portfolio of projects after the great success achieved by the projects that were launched in a short period, as the DIG team succeeded in marketing percentages that exceeded the target.

He added that the company has strengthened bridges of trust with customers by adhering to the schedule for each project, in addition to contracting with major operating and management companies to achieve the highest benefit from the projects.

Hany Helmy indicated that DIG has started excavation work for the "Track 10" and "Track 14" projects in the New Administrative Capital, after obtaining drilling licenses.

"Track 10" and "Track 14" projects are located in the most distinguished area of Downtown, near the oil companies and the gold market, with total expected sales of about EGP 1.2 billion.

He pointed out that Track 10 project, commercial, administrative and medical, is located on an area of 2,500 square meters,