Thursday 21 Nov
Ryan Developments has launched the 'Capital Hub' project in the New Administrative Capital's R3 district, spanning 2717 square meters. The project comprises 86 units and aims to generate sales of up to one billion Egyptian pounds, according to Ehab El-Abidi, the company's chairman. El-Abidi emphasized that this is the company's third project in the new capital, aimed at meeting the growing demand for non-residential activities in the area.
The chairman added that 'Capital
Hub' is a commercial and sports mall, featuring a variety of units to cater to
different customer segments. Its strategic location within the vibrant R3
district is expected to attract a significant customer base. The company plans
to expedite the project's execution to become the first operational project in
the entire region within six months.
El-Abidi further noted that the
company has fully paid for the land and has commenced construction work,
ensuring timely completion. This milestone will pave the way for the launch of
new projects.
He highlighted that Ryan Developments possesses a substantial land portfolio within the New Administrative Capital, with total investments in the company's projects estimated at 10 billion Egyptian pounds.
