HUD Development Company has unveiled its future goals after successfully acquiring land in prime locations in the New Administrative Capital, Fifth Settlement and the North Coast.
Engineer Sayed Aliwa, Chairman of the Board of Directors, said that the company has decided to innovate unprecedented real estate products to keep pace with the comprehensive urban renaissance led by President Abdel Fattah Al-Sisi, where Egypt has succeeded in dazzling the world with the iconic New Administrative Capital project, as well as smart cities in various parts of the republic.
Aliwa stressed that the Board of Directors of the company has decided to pump huge investments to start projects aimed at meeting all the aspirations of residents and investors and applying global standards in terms of the integrated and practical healthy living environment for all residents and providing many promising investment opportunities in the residential, commercial, administrative and coastal sectors.
Aliwa revealed that the company aims to contribute to the real estate export file by marketing its projects outside Egypt, pointing out that Egypt is qualified to be among the top ten real estate exporting countries in the world, stressing that what is happening in the New Administrative Capital and the rest of the fourth generation cities of work being accomplished in a time beyond imagination, has become the focus of the world, especially the surrounding countries, which will have a great impact with the return of life to normal, and what is happening in the New Administrative Capital will open the door to marketing the rest of the projects, especially those close to the site of the capital.
He said that HUD Development Company was founded in 2014 as a contracting company and had strong successes on the ground and a race against time in the speed of implementation in the field of contracting, then in 2021 it began working in various real estate fields, such as real estate development and management, and is distinguished by an innovative vision in its projects and commitment to customers and keeping pace with their aspirations in order to offer distinguished projects in the various regions in which it operates.
