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Reading: Hometown contracts with engineering consultant DMA for Lafayette project
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Dailynewsegypt > Blog > Business > Real Estate > Hometown contracts with engineering consultant DMA for Lafayette project
Real Estate

Hometown contracts with engineering consultant DMA for Lafayette project

Daily News Egypt
Last updated: 2021/01/21 at 12:38 PM
By Daily News Egypt 1 Min Read
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Hometown contracts with engineering consultant DMA for Lafayette project
Hometown contracts with engineering consultant DMA for Lafayette project
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Hometown Developments has contracted with DMA for Design and Engineering Consultancy for the former’s Lafayette project in the New Administrative Capital (NAC), according to Hometown Chairperson Diaa Farag.

Farag said that the Lafayette project is a large commercial and entertainment resort in the NAC’s Downtown area. It spans an area of ​​43,000 sqm, and is located adjacent to the banks area, presidential area and ministries, directly in front of the Al Massa Hotel.

He added that DMA specialises in architecture, urban planning, interior and construction design, electrical and mechanical engineering, and infrastructure and implementation supervision.

The company has over 30 years of experience, with more than 250 experts serving the local and international markets. It has designed many residential commercial, educational, health and administrative projects.

Farag noted that the first phase of the Lafayette project was launched in July 2020, and has been fully sold out, with a second phase to be launched soon.

“It is planned to begin handing over Lafayette units in July 2023. Moreover, the company has started construction in the project early this year,” he disclosed.

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Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Business Opinion
Meet Yehia Abouseif: Artist and designer hailing from Cairo and now based in New York
Meet Yehia Abouseif: Artist & designer hailing from Cairo and now based in New York
Culture
Research centres define optimal investment portfolio amid high inflation
Research centres define optimal investment portfolio amid high inflation
Business
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Business
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