Catalyst Development set to develop US$286m administrative and commercial projects

EGYPT – Catalyst Developments, a real estate developer, has announced plans to deliver five administrative and commercial projects in New Cairo during 2021 with investments worth EGP4.5 billion (US$286.84m). The company’s Chairperson Moataz Abdel Shafi said that Catalyst Developments plans to launch a new administrative offices project in the fourth quarter (Q4) of 2021, and other new projects in 2022. The size of the new projects investments may record more than EGP3 billion (US$191.23m). Abdel Shafi pointed out that the implementation rate at the Cairo Capital Center (CCC) project has…

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