He added that this expansion plan includes the establishment of residential, commercial, medical, and administrative projects, amounting to EGP 4 billion in the Fifth Settlement area and EGP 16 billion in the New Administrative Capital.
He explained that the first of these projects is "Euphoria Queen Land," an integrated urban project in the R8 area of the New Administrative Capital. It will be launched this July, joining the company's existing portfolio of four projects, two of which are in the Fifth Settlement and two in the New Administrative Capital, all of which are already under development.
He added that the company relies on its construction arm, Lawendy Construction, a Category A–certified company registered with the Egyptian Federation for Construction and Building Contractors, for implementation. He noted that over the next 18 months, they plan to expand into residential and medical projects in New Cairo and the Administrative Capital, followed by expansion into coastal areas such as Ain Sokhna, Ras Sedr, and the North Coast by 2026.
Lawendy emphasized that the expansion in the Administrative Capital stems from the company's vision to build a truly urban community that meets the needs of a wide segment of the population, especially with the increasing demand for the area following the operation of many of its government facilities and services.
He noted that the company aims to achieve sales exceeding EGP 3.5 billion during the third quarter of 2025, reaching EGP 7 billion by the end of the second half of the year.