Egypt tapped for leading role in WB's 1.5b health coverage push    Asia-Pacific stocks mixed on Tuesday    Novartis plans expansion in Egypt – Cabinet    Egypt welcomes 25-nation statement urging end to Gaza war    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Madbouly reviews legalisation of newly annexed lands to new cities, housing offerings    Egyptian Countryside Development chief discusses cooperation with Italian ambassador    CIB completes fifth securitisation issuance for B.TECH worth EGP 859.4m    Roche helps Egypt expand digital pathology and AI diagnostics    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt exports 175K tons of food in one week    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt's Health Minister reviews upgrades at Gustave Roussy Hospital    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Castle Development completes 85% of construction on Castle Landmark's 1st phase
Published in Daily News Egypt on 27 - 06 - 2021

Castle Development has announced that 85% of construction on the first phase of its Castle Landmark project in the New Administrative Capital (NAC), including 476 units, has been completed.
The company added that 35% of the project's second phase has been completed, while 5% of phase three has been finished. The digging process has been completed in the fifth phase.
During a site visit for journalists on Sunday, Castle Development CEO Ahmed Mansour said that the delivery of the first phase should take place in August 2022. Meanwhile, the second phase is scheduled to start from the first quarter (Q1) of 2022, and phase three after six months from phase two. It is planned that the full project will be delivered by the end of 2024.
Mansour said, "We had several challenges during the last period due to the novel coronavirus (COVID-19) crisis and its effect on all projects, however, we focused our efforts towards Castle Landmark to continue the construction plan."
"Here we are today sharing with our clients the progress we achieved hoping to meet our clients' expectations, and to contribute positively in the Egyptian government's comprehensive urban plan," he added.
Castle Landmark has invested EGP 3.7bn into the project, which has been introduced as an integrated, smart residential compound, which runs on solar energy that feeds 70% of its overall area.
Ideally located in the R7 area of the NAC, 81% of the project's landscape is taken up by green areas. This allows residents to enjoy the peaceful suburban lifestyle adjacent to the city's Green River over 43 acres.
Castle Landmark includes the Castle Gate mall, which is constructed over 20 feddan, and features 196 administrative and commercial units. Work has started on Castle Gate, with OKOPLAN Engineering Consultations contracted by Castle Development to design the Mall.
In addition to this, the company is developing another project called East Side building, which will receive investments of EGP 800m. The digging phase has already finished and the building is being constructed over 7,600 sqm.
The East Side includes nine floors, each containing 23 units. Of these, three floors will be commercial, whilst two will be devoted to medical units, and the rest are administrative.


Clic here to read the story from its source.