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Egyptian Gazette
Home Business Real Estate

New City Developments teams up with El Hazek Construction

by Hamed Mahmoud
November 1, 2021
in Real Estate
New City Developments teams up with El Hazek Construction 1 - Egyptian Gazette
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New City Developments, an innovative real estate company that focuses on developing high-quality affordable projects, announced, during a press conference key partnership with leading construction company El Hazek Construction to provide high-quality construction work for Eco West. Ramy Yousef, CEO of NCD, and Mahmoud El Hazek, Managing Director of El Hazek Construction signed the partnership.

Ideally located in the centre of 6th of October City, Eco West is within proximity of a large number of different services in the area. The project is 5 minutes away from the MSA University and Cairo’s largest malls, 15 minutes from 6th of October City Airport, and 15 minutes from the biggest archaeological and tourist area in Great Cairo (Giza Pyramids – Grand Egyptian Museum – New Tourist Walk).

Speaking on the reasoning behind the signing, Ramy Yousef, CEO of New City Developments said, “Signing this co-operation is part of our ongoing strategy of finding partners with efficient practical expertise in their field and this includes our partnership with El Hazek Construction. The co-operation allows us to deliver a unique service that is characterised by outstanding experience and value to our clients. With the mixed-use project Eco West, we believe that the project would be a proper alternative for the middle-class housing gap challenge in 2024″.

Eng. Mahmoud El Hazek, Managing Director of El Hazek Construction, said: “we are looking forward to collaborate with New City Developments on Eco West, NCD has a clear vision that will help address the arising supply and demand challenges in the real estate market. A vision that offers alternative real estate product with high-quality standard with the affordability that meets targeted clients with Eco West. We were glad to carry on the construction work in the mixed-use project; where our goal is to turn Eco West into our next success story.”

Eco West comprises modern design units with Euro-Japanese Architecture that are smart with space, by the Lebanese architecture firm, Rachid Karam Architects, makes the best use of its 80 m2areas. Phase 1 has 14 diverse buildings with 1290 units and a starting price of EGP 850K, in addition to flexible payment plans that fit their clients’ needs. Eco West expects delivery in 2024, while phase 1 will be ready in 20 months.

Tags: Eco WestEl Hazek ConstructionNCDNew City Developments

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