The company announced in a statement that the projects span 8,000 square meters with an investment cost of 4 billion Egyptian pounds.
Walid Mahdi, Chairman of El Mahdi Group, stated the company
aims to provide distinct investment opportunities through the projects,
offering commercial units of various sizes to suit different activities. He
added that the developments would stimulate the local economy by creating new
jobs and increasing commercial activity in the area.
Ramy Fares, Vice Chairman, emphasized the importance of the
two projects, noting they would be among the most prominent investments in the
Tagamoa area.
Fares added that the company carefully selected one of New
Cairo's most vital locations for the projects, which will feature modern
designs adhering to the latest architectural standards – an approach consistent
with all Maskoon Developments.
Maskoon plans to expand by introducing new projects aligned with state plans, aiming to further strengthen its position in the Egyptian market by delivering projects that meet investor needs.