Maqam for Urban Development announces major construction progress at Optima Business Complex at New Capital
Maqam for Urban Development announced major construction progress at its Optima Business Complex in New Capital, backed by a clear work plan and strong financial fundamentals that ensure top-tier execution quality.
Mr. Sherif Salem, Chairman of Maqam for Urban Development, stated that the accelerated construction pace reflects the company’s ability to merge speed with execution efficiency, while consistently applying the latest construction technologies and modern implementation methods to deliver a distinguished project environment that meets the expectations of both investors and tenants.
He added, “Optima Business Complex stands as a benchmark of excellence in construction and engineering management. The project combines advanced infrastructure with smart facilities, reflecting the company’s vision for delivering integrated and distinctive developments. We remain committed to working efficiently to complete and deliver the project within the planned timelines, strengthening our clients’ trust and reinforcing our credibility in the real estate market”.
Salem pointed out that the latest construction progress showcases both the swift execution and the high level of engineering professionalism, while also underscoring the company’s solid financial position and its dedication to advancing its plans regardless of market shifts.
He further noted that commitment continues to be a central pillar of the company’s strategy in all its projects.
He explained that the Optima Business Complex is situated on plot MU-46 in the Downtown area, spanning 2,400 sqm. The development features 32 commercial units and 157 administrative offices, each averaging 45 sqm. The project rises to a height of 13 floors.
The company’s chairman highlighted that the project’s prime location in the heart of New Capital’s Downtown presents a highly promising investment opportunity for investors and entrepreneurs, particularly amid the rising demand for administrative and commercial developments in the New Administrative Capital.
Salem concluded that the project’s design and value-added services are tailored to ensure optimal operational efficiency and strong investment returns for clients.
