Concept Development launches its US$16.58m second project in New Administrative Capital

EGYPT – Concept Development, the real estate developer, has launched its second project in the New Administrative Capital (NAC), named SENET 2, with investments worth EGP260 million (US$16.58m). The project is comprised of 210 units of various sizes and serves as expansion plan for the development of several projects in the coming period. Concept Development’s Chairperson Ehab Aboelmagd said that the SENET 2 project is a mixed-use mall project comprised of 11 floors and includes units of various sizes ranging from 20 sqm to 750 sqm. He added that the…

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