Egypt's DIG launches Track 20 project in the New Administrative Capital

Egyptian developer DIG recently announced the launch of its Track 20 mixed-use project in the New Administrative Capital (NAC) at an estimated investment of 1.5 billion Egyptian pounds ($49 million).

Company chairman Hussein Salah told Zawya Projects that the 15-storey mixed-use project comprises shops, offices and medical units.

Construction has already started and would be completed by 2026.

Salah said the company has deployed a capex of EGP1 billion ($32 million) this year for construction work across various projects.

He added that the company is awaiting building permits for its Z4 Mall in Janna Zayed, spread over an area of 2,500 sqm.