Based on the company’s vision and its belief in the inevitability of using the highest engineering, construction and environmental standards, its keenness to play its societal role in applying the standards of sustainability and green building in all of its projects, as well as its keenness to implement the standards of Egyptian and international codes in design and construction, Radix Real Estate Investment Company announced that it has contracted with a number of major consultants and Professional Consultation Houses in more than one specialization in the real estate sector.
This coincides with the company’s future plan in executing a package of huge real estate projects, come on top are the company’s projects in the New Administrative Capital, out of its belief in the important role and special place that the Administrative Capital occupies, and because of its use of the highest quality standards, which match international codes, used in it as the latest Fourth generation cities in the Middle East.
This came during the company’s press conference last Wednesday, which attended group of success partners from Consulting companies and Professional Consultation Houses, in various real estate sectors, and Board of Directors of Radix Investment Company.
The conference also witnessed the signing of many contracts and memorandums of understanding with consulting companies and Property Experts, to achieve the desired goals of improving the quality of the real estate product provided by the company to its customers, so the company relies on the highest rates of urban development, as development, sustainability, clean energy and increasing the green area that benefit its customers.
Sheikh Salman bin Khalil Al-Sabaan, vice Chairman of the Board of directors of Muwaffaq Holding Group in the Kingdom of Saudi Arabia, and Chairman of the Board of Directors of the Salmanya Group in Cairo, welcomed success partners, with Mr. Ahmed Zaghloul, Executive Director and Managing Director of the Salmanya Group, and Mr. Akram El-Sheikh, deputy Executive Director of the Radix Real estate Investment Company.
Sheikh Salman bin Khalil Al-Sabaan, Chairman of the Board of Directors of the Salmanya Group in Cairo, praised the remarkable progress and development of the Egyptian economy in recent times, which encourages attracting more Arab investments in general and the investments of the Kingdom of Saudi Arabia in particular, for what it represents the strength and solidity of relations between the two brotherly countries, where The value of Arab countries’ investments in Egypt in the past fiscal year increased by 164.5%, After it jumped from the level of $ 3.1 billion during the fiscal year 2020/2021, to about $8.2 billion during the last fiscal year, an increase of $5.1 billion. Saudi Arabia ranked fourth in the list of Arab countries’ investments with an investment value of about $491.6 million hoping to increase these investments in the coming period, as Egypt is considered a fertile land and an ideal destination for these investments.
Ahmed Zaghloul expressed that the Salmanya Group has adopted an executive plan and vision for its projects during the coming years, aim in the first place to Presenting an Egyptian real estate product that competes globally, In terms of both design and implementation, which relies on the Egyptian and international codes, with achieving the highest quality standards.
“The group’s investment plan in Egypt is based on consolidating the foundations of quality and providing solutions and advanced engineering models, using the latest environmentally friendly technologies, made a balance between the goal and the social role of the group and the investment goals with the aim of providing a strong added value to the real estate sector, As this represents an important sector in the national economy”. Managing Director of the Salmaniya Group added.
Ahmed Zaghloul explained that, the real estate sector in Egypt has witnessed, during the past five years, an accelerated growth rate that exceeds most other sectors within the Egyptian economy. This made the relative growth of the real estate sector gradually increase in terms of its contribution to Egypt’s gross domestic product” GDP” year after year, Especially in light of the sector’s pivotal role within the economy ,In terms of employment rates and the creation of different and varied job opportunities for large groups of people looking for work, This is reflected, accordingly, on the sector’s role as a major and powerful engine of economic growth within the Egyptian economy recently.
Akram El-Sheikh, deputy Executive Director of the Radix Real estate Investment Company, Express the company’s plan to adopt the highest standards of sustainability in all its projects, achieving a balance between the environmental goal and the investment goal ,by approving the implementation of environmentally friendly projects that maintain sustainability and total reliance on the use of clean energy sources ,starting from the design of the project and taking into account the environmental dimension in the various stages of design until the actual implementation and delivery and beyond that.
Akram Al-Sheikh added that the Radix Company contracted with Major real estate consultants and Professional Consultation Houses with international expertise in various disciplines, starting from financial and economic studies, engineering and marketing consultancy, to implementation and Construction.
In the engineering sector, Radix Company made important contracts that directly benefit the company’s projects, such as contracting with “ARCHRETE” as an engineering consultant Because of its big experience in the administrative capital projects.
The Company also signed a memorandum of understanding with “Schneider Electric Egypt”, to provide a smart, sustainable and environmentally friendly real estate product, this step contributes to creating a distinctive imprint for the company’s projects.
The Company also contracted with UCAC Company for advanced contracting for the implementation of the company’s projects, to achieve the highest quality rates for the real estate product provided to customers, using the latest construction and building technologies
On the business side Radix Company contracted with the international “REMAX” company, as a Business development consultant, as one of the world’s largest business development and real estate appraisal consulting firms
Radix Company also contracted with “Itqan” as a financial advisor, and commercial consultant for the company’s projects to ensure that all the company’s customers achieve the highest expected profitability.
In the financial sector, Radix Company signed a memorandum of understanding with “Rikaz” real estate financing company, to provide facilities and financing to clients wishing to contract on the company’s future projects, And to encourage investment in the real estate sector, In light of the volatile global economic conditions.
Finally, Akram Al-Sheikh expressed his optimism in cooperating with these real estate experts to support the company’s future strategic visions and plans to produce a globally competitive real estate culture.
