MG Developments begins implementation of HQ project in New Cairo

Shaimaa Al-Aees
2 Min Read

MG Developments has begun the construction of the Headquarters (HQ) business project placed in the first sector on 90th street in the Fifth Settlement, New Cairo, on 11,000 sqm.

The company launched the HQ project last November, and it comprises of commercial and administrative units, with total investments worth EGP 1bn.

Chairperson of MG Developments, Mohamed Metawee, said that the company is working extensively in order to complete the HQ project as soon as possible.

Metawee added that the total area of the project is 11,000 sqm, and the floor space is around 1,600 to 1,850 sqm. The building consists of two underground floors, with the ground floor encompassing a commercial area and another five floors for administrative activities. The building is also equipped with a two-storey parking garage on an area of 9,000 sqm for 208 cars.

“There are many entrances for the building, and we allocated entrances for the administrative area and another for the commercial area, plus all the offices have a complete front-end finishing,” Metawee noted.

Furthermore, the completion rate in the project will exceed 60% after the finalisation of the building’s concrete structure during 2019, and MG Developments will provide the building with the basic technological structure in the coming period, he pointed out. This is considering all of the alterations or requirement which may need to be added in the future in order to provide a comprehensive service for all project beneficiaries, whether in the administrative or commercial fields.

Additionally, “We provided the HQ project with many facilities such as smart spaces; a VIP lounge; a commercial area; conference rooms; a sky lounge; meeting rooms; elevators; a parking area; a fire fighting system; backup generators; a smoking area; an open court with landscape; car care services; common kitchenettes; IT facilities; horizon meeting rooms; visitors’ management services; a gym; high- speed WI FI connection; an ATM centre; security, and property management,” Metawee highlighted.

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