Jawad Developments to introduce 3rd phase of VAL Plaza in west Cairo this month

  • Date: 10-Jul-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Jawad Developments to introduce 3rd phase of VAL Plaza in west Cairo this month

Egypt’s real estate developer Jawad Developments has launched the VAL Plaza project in 6th of October City, west Cairo, with an expected sales volume worth approximately EGP 1bn. CEO of Jawad Developments Adel Abdel Jawad stated that the VAL Plaza is a top-notch administrative, commercial and wellness center project spans over 6,250 sqm with an 11,300-sqm built-up area, in a very privileged location on the 26th of July Axis in and nestled in the heart of 6th of October City. VAL Plaza comprises about 175 diverse units, including 120 commercial units, and 55 medical and administrative units. Abdel Jawad said that the company has obtained construction licenses and has already begun construction works of the mall. He added that the company plans to complete the entire project constructions within two and a half years, noted that the mall’s engineering designs were designed by Faisal Abu Al-Azm, Chairperson of International Engineering Consultancy (IEC), the engineering consultant for the project. He further pointed out that negotiations are currently underway with a group of the most important international companies specialized in project management to manage and operate the entire project after its handover. The VAL Plaza is being marketed in three different phases.