Home Money Egypt’s SAK launches administrative part of Sueño new capital flagship

Egypt’s SAK launches administrative part of Sueño new capital flagship

by Maha Essam
Egypt’s new administrative capital

Egypt’s SAK Developments says it has launched an administrative part of its flagship – Sueño Compound – at the country’s new capital.

“The new project (administrative part) is with investments of around 300 million Egyptian pounds ($18.5 million),” SAK’s chief executive Ahmed Kadry said on Wednesday.

It is a commercial, administrative, and housing project that will span over 7,300 square metres, Kadry added on Wednesday.

“The project is set to include 28 commercial units with spaces ranging between 30-888 square metres as well as 58 administrative units with spaces ranging between 54-182 square metres,” he said.

The flagship will also encompass 35 housing units with spaces ranging between 55 square metres and 125 square metres, Kadry said.

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