Real estate developer Arqa Development Group (ADG) has started construction on the I-Business Park project in the New Administrative Capital (NAC).
Ahmed Gamal, the company’s CEO, said the company recorded EGP 1bn in sales in the first five months since the project’s launch in August 2020.
The I-Business Park project includes 2,200 units for offices, clinics, and shops, and features several payment plans that are suitable for different customer needs.
It includes payment plans of up to seven years, with a 10% down-payment, Gamal noted, with other payment plans available, including one that extends over a 12 year instalment period.
Gamal added that the project is self-financed, and that the company does not plan to borrow from banks for it.