JD Holding aims to invest LE 12B in Administrative Capital

CAIRO – 15 March 2021: JD Holding intends to invest about LE 12 billion in the New Administrative Capital in between 15 to 18 projects that are scheduled to be launched during 2021, according to Chairman of the company Ahmed Al-Eter

Al-Eter added in a statement, Monday, that the company has proposed a 14-floor commercial and administrative medical tower project in the downtown at the administrative capital, with a total investment of LE4 billion.

The company’s Chairman indicated that the offices of Zaha Hadid and Dar Al-Handasah are preparing the initial designs for the 80 floor- tower project in the Administrative Capital.

JD Holding was established in partnership between the two companies, Jabal Development, and the Abu Dhabi National Company, to invest in the administrative capital.