Contact Developments has announced the launch of Eval Towers project, its fourth project in the New Administrative Capital, after Mercury Business complex, Quan Tower, and Cayo Mall.
Chairperson of Contact Developments Ahmed Fikry stated that the project is located on the Bin Zayed axis, pointing out that the project will be built on an area of 9,100 sqm with estimated EGP 7bn investment. It comprises 18 floors with commercial and administrative properties.
He added that the project has four phases and the tower is divided into two buildings, one administrative and the other a hotel.
Khaled Al-Seoufi, Managing Director of the company, said that the company has contracted with YBA – Yasser Al Beltagy Architects and ACE Moharram. Bakhoum, and a number of other consulting offices. In addition, they contracted with the global office CBRE as a management and operation consultant for the project.
Khaled Al-Seoufi, Managing Director of Contact Developments, stated that the company is working hard to keep pace with the state’s moves to launch fourth-generation cities and major national projects, especially the New Capital, which enjoys investment opportunities and an unprecedented construction boom.