Lozan Urban Developments (LUD) has just officially inked a partnership agreement with Al-Amal Engineering & General Contracting Company to commence the construction works of the highly anticipated Egypt’s Apex Business Complex in the New Administrative Capital. This agreement comes after the successful completion of preliminary shoring works and the acquisition of necessary excavation permits.
Furthermore, the partnership that was inked showcases LUD’s commitment to adhering to the Administrative Capital for Urban Development (ACUD)’s timelines. The upcoming project’s completion is set for December 2027.
Egypt’s Apex Business Complex Project Factsheet
Location: The projects are concentrated in the Central Business District (CBD) and the Downtown area of Egypt’s New Administrative Capital
Developers: Center Point, Lozan Urban Developments (LUD), Al-Amal Engineering & General Contracting Company, Empire State, and others.
Amenities: Common amenities found across these projects include:
- High-speed elevators and internet.
- 24/7 security and surveillance systems.
- Central air conditioning.
- Underground parking garages.
- Conference and meeting rooms.
- Gyms, spas, and wellness facilities.
- Restaurants, cafes, and entertainment areas.
- Rooftop sky lounges with scenic views
The Apex Business Complex will be located in the heart of the Downtown area of the New Administrative Capital. The complex is set to feature an iconic architectural design. The design will comprise of two interconnected towers with expansive open spaces and sleek glass façades. Additionally, the design showcases the futuristic and progressive nature of the New Capital.
This mixed-use development will consist of commercial, administrative, and medical facilities within one location. Furthermore, this project will reinforce the state’s vision of establishing a fully integrated city. Also, The Apex Business Complex will serve as a modern hub for businesses. Additionally, it will become an essential destination for entrepreneurs and investors who seek a high-quality investment space.
Area Size
The development will cover a land area of approximately 2,600 square meters. A significant portion of the land will be earmarked to a spacious central plaza. Additionally, the project will feature 13 floors of office and commercial space. Also, it will consist of a ground floor, and three basement levels dedicated to parking.
According to LUD’s management, Al-Amal Engineering & General Contracting Company was chosen for the project for its good track record of delivering high-quality construction work on time and within the specified guidelines. Also, the partnership aims to ensure that Apex Business Complex meets the ACUD’s high standards for urban development.
Lastly, this partnership is in line with LUD’s strategy to create timely, high-quality developments, positioning the Apex Business Complex as a prominent landmark in the New Capital, and as one of its premier mixed-use developments.