Golden Town invests EGP 8 billion in its projects in the new capital
In a move reflecting its strong expansion strategy and confidence in the future of the Egyptian real estate market, Golden Town Real Estate Development, a leading developer in the New Administrative Capital, announced an investment of EGP 8 billion in its projects in the Downtown area of the New Administrative Capital. This investment builds upon the company's success and achievements over the past years.
Engineer Raafat Maher, Chairman of Golden Town Real Estate Development, confirmed that this step is part of the company's expansion strategy, aimed at strengthening its presence in one of the most promising investment areas within the New Administrative Capital, which has become a major hub for attracting local, Arab, and foreign investments.
Engineer Maher stated that Golden Town continues to operate according to a clear vision that aims to deliver integrated real estate projects that keep pace with the significant urban development taking place in Egypt, particularly in the New Administrative Capital, which represents the future of real estate investment in Egypt.
He added that the company boasts a proven track record of success and distinguished projects, which motivates it to continue expanding and injecting further investments in the coming phase. He emphasized that the new investment of EGP 8 billion reflects strong confidence in the market's strength and its ability to generate robust investment returns.
The Chairman explained that the Downtown area is one of the most vital districts within the New Administrative Capital, thanks to its prime strategic location near major thoroughfares and key landmarks, making it a major attraction for investors and entrepreneurs.
He noted that the company's projects in this area include commercial, administrative, and hotel units designed according to the highest modern standards, meeting market needs and delivering optimal investment value for clients.
Engineer Raafat Maher affirmed that the company is steadily progressing towards strengthening its position among the leading real estate development companies in Egypt by implementing innovative projects based on quality, prime locations, and adherence to execution and delivery schedules.
He stressed that the coming period will witness the announcement of more expansion plans and new projects, within the framework of the company's vision aimed at supporting urban development and contributing to the investment boom witnessed by the New Administrative Capital.