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Egyptian Gazette
Home Business Real Estate

Vow developments acquires second project at NAC

by Hamed Mahmoud
August 9, 2021
in Real Estate
Amr Ashour

Amr Ashour

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VOw developments announce “contracting on a new plot of land in finicial district at New Administrative Capital (NAC), with an approximate area of 8000 square metre to start it’s second project in (NAC).

Vow chairman Amr Ashour stated that the success of” SOLAS” the company’s first achievement in” NAC” in financial district is the main motive for repeating the experience and success by continuing to work in one of the most important national projects “the new capital” generally and the financial district as one of the most important neighbourhood and the best investment in ‘The New Administrative Capital’

Ashour Also pointed out that the company’s future vision which comes from it’s specialises in implementing administrative and commercial projects.

Which Vow seeks and works to implement and follow a clear strategy that will distinct product to the Egyptian market, as well for clients and investors.

Ashour said that Vow interests is not only focused on it’s projects with a general view but our vision is always to work on the details in co-operation with the best experts, specialists as a business partners to design and create a distinguished real estate product that keeps pace with the global investment in the “NAC” which attracts the local and foreign investors.

And from his side he furthering that providing a distinctive real estate product is what contributes to the success and speed of marketing the company’s projects and their access to the targeted customers directly and also helps to increase value and return on investment of the product as well the quality of all that the company offers to customers In terms of idea, design, implementation and management.

And following that strategy was the basis for the design of (SOLAS) administrative building which win the ACDA (international architecture and design Award ” the best idea and concept of designing an office building for the year 2020)

And about SOLAS Ashour explained that SOLAS located in the financial district of the New Administrative Capital on an area of 8000 square metre and the sales area of the project is 24.000 square metre out of total 34.000 square metres of construction, Solas consists of two basements, ground floor and seven floors .

And a large part of the project has been sold since it’s inception.

He also disclosed that the new capital is a promising national project as it’s was based on a study from the state and provided with all the ingredients for success that would encourage and attracts serious developers to ensure the implementation of the projects and even to invest again.

In addition to the presence of real demand in the Egyptian market and the targeted global market as well.

Which requires diverse and distinct real estate product, Vow is always keen to study all it’s investment steps starting with choosing a unique location for it’s projects as well as a distinct design in co-operation with the most experienced and efficient business partners, taking into account the importance of implementing projects with a smart technology to reach a distinguished product capable of keeping pace with the global market not just the Egyptian.

Tags: NACVowVOw developments

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