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Egyptian Gazette
Home Business Real Estate

Empire and Moharram-Bakhoum contract for El Centro at NAC

by Hamed Mahmoud
August 30, 2021
in Real Estate
Mahmoud Elsarrag (L) and Ahmed Moharram

Mahmoud Elsarrag (L) and Ahmed Moharram

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ACE Moharram-Bakhoum signed its contract with Empire State Developments to be an engineering consultancy of “El Centro business complex” while is being developed by Empire State at the New Administrative Capital (NAC).

Ahmed Moharram, CEO of ACE Moharram-Bakhoum, founder and managing director of Anchorage Investments, said that the contract states that the group taking on the role of project manager to ensure the highest quality of implementation.

“El Centro” is characterised by its multiple amenities, modern Spanish design and unique location, in terms of its presence at the New Administrative Capital, which is considered as a national project implemented with the highest quality standards.

For his part, Chairman and CEO of Empire State Developments Mahmoud Elsarrag said that El Centro complex is located on 24,000 sqm and consists of 15 floors comprises 3 stores commercial mall and the other floors are allocated for medical and administrative units. “El Centro” also includes a multi-store garage with smart parking system. Besides, “El Centro” has a panoramic view on the central park in the middle of the New Administrative Capital.

Elsarrag elaborated that the name “El Centro” means the center in Spanish, due to its centric location of all main landmarks in the NAC, as well as, the project’s interior design are inspired by Spanish architecture. “El Centro” is close to the Great Mosque of Egypt, People’s Square, the World Capitals Museum, the government district, Almasa Hotel, Gold Market, Opera House and Monorail Central Station.

Tags: El CentroEmpireMoharram-BakhoumNAC

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