July 13, 2024

DIG successfully markets 80 percent of first phase of track 12 project

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Hussain Salah, chairman of DIG and Mohamed Fawzy the head of the development sector at DIG

DIG announced its success in marketing 80% of the first phase of the Track 12 project in the New Administrative Capital in record time.

Hussain Salah, chairman of DIG said that Track 12 succeeded in attracting customers due to its unique location and its unique medical and administrative services provided by international management companies that will be an addition to the local market.

It is planned that the commercial part will include activities related to medicine, so that the building becomes a full-service building.

DIG had contracted with “Healthy Care Group” as the medical operator for the company’s new project in the New Administrative Capital, Track 12, as part of the company’s strategy to cooperate with major companies in consulting and management to provide a distinctive and competitive real estate product, so that the project becomes the most important mixed-use project in the Administrative Capital depends on the application of the latest systems of construction, management and operation.

Mohamed Fawzy the he head of the development sector at DIG said that the company obtained initial approvals for the drawings, and drilling permits are being obtained, provided that the constructions will be completed in 2026.

Track 12 project is located in the New Administrative Capital, in front of pharmaceutical companies, on an area of 2,500 square meters, and includes a ground floor and 12 recurring floors with commercial, administrative and medical activities.

He added that the company’s investments in the New Administrative Capital amount to EGP 2.5 bn, stressing that DIG relies primarily on gaining client confidence in the private sector, and focuses on actual implementation.

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