The Nile Developments projects are proceeding according to the pre-set time schedules and that the company is racing against time to complete all phases of projects, especially 31 North Tower Project, said Engineer Mohamed Taher, Chairman of the Board of Directors of the Nile Developments Company.
He added that all the studies that were pre-set for the Nile projects were strong to the extent that made them overcome the obstacles of the global inflation crisis and the rise in energy and dollar prices, which in turn was reflected in the high prices of building materials.
He also noted that the company had fulfilled its entire installments to the New Administrative Capital Company, a month ahead of schedule; hence the company’s strong financial solvency that will strongly contribute to the completion of projects ahead of schedule.
Eng Taher statement’s came during a speech he gave during an Iftar party the Nile Developments organized to honor the partners of success from real estate marketing companies. A group of statesmen, media professionals and actors attended the ceremony.
During the Iftar, the CEO thanked all the company’s internal sectors, contracting companies and consulting companies for the effort to produce a distinguished global real estate product with the highest standards of quality and efficiency.
Karim Abdeen, Head of Commercial Sector at Nile Developments, announced during his speech the launch of the “One” phase of the “Nile” project, which is considered the strongest and most distinguished phase not only in the project but in the Administrative Capital.
“This phase was launched in the last ten floors of the tower, making it one of the unique phases, thus all units of that stage overlook the Administrative Capital as a whole,” he said.
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