IHD Development Egypt is a prominent real estate developer in Cairo, Egypt. Established in 2012, the company has an excellent record of persistent hard work in Egypt and some Gulf countries. IHD has an exceptional real estate portfolio in the most elegant districts of New Cairo, extending the scope of work to the New Administrative Capital.
The company’s role includes developing marketing strategy and supervising execution, construction operations, and mall management. Its mission is to make clients’ property investments flourish and ensure sustainable business success. IHD Development Egypt strives to deliver state-of-the-art construction designs and fascinating green parks while restoring and reviving ancient glories in the New Administrative Capital of Egypt, where the descendants of Pharos exhibit some of the most impressive construction designs.
Recently, IHD Development Egypt announced laying the foundation stone for its mixed-use Vivid Business Tower in the New Administrative Capital (NAC). The 15-story tower includes offices and retail and would be developed at a total investment of about 700 million. The company is committed to providing top-notch real estate solutions in Egypt and expanding its portfolio to other regions in the Gulf.
History of IHD Development
Formation and Evolution
IHD Development is a Gulf-Egyptian company established in 2012. The company has a long and successful history of outstanding work in Egypt and some Gulf countries. IHD Development is known for its persistent hard work and excellent real estate portfolio in the most elegant districts of New Cairo, extending its scope of work to the New Administrative Capital.
The organization employs a group of professionals who are dedicated to giving its customers outstanding services. IHD Development is known for completing projects on schedule and within budget, and it places a high priority on quality, knowledge, and innovation.
Key Milestones
Since its inception, IHD Development has achieved several key milestones. The company has completed numerous successful projects in Egypt and several Gulf countries. One of their most notable projects is the Vivid Business Tower, located in the New Administrative Capital of Egypt. The tower, which will be completed in March 2025, will offer office spaces and shops.
IVC, an Engineering and Consultancy Services subsidiary, was also founded by IHD Development. The company serves clients in Egypt and the Gulf region with engineering and consulting services.
Overall, IHD Development has a rich history of remarkable business projects and a strong reputation in the real estate industry. Its commitment to quality, expertise, and innovation has made it a leader in real estate investment in Egypt and the Middle East.
IHD Development’s Strategic Focus
Planning and Design Philosophy
IHD Development Egypt has a strong planning and design philosophy centered around creating beautiful and functional spaces. The company believes that every project should be unique and tailor-made to meet the needs of its clients. The architects and designers at IHD Development Egypt collaborate closely with customers to comprehend their needs and preferences before producing a visually beautiful and functional design.
Investment in New Capital City
IHD Development Egypt has strategically invested in the New Administrative Capital of Egypt. The company recognizes the potential of this new city and has already begun work on several projects in the area. The New Administrative Capital is strategically located between Cairo and the Suez Canal, providing easy access. The city is also set to become Egypt’s new administrative and financial capital, making it an attractive location for businesses and investors.
Expansion into New Cairo
IHD Development Egypt has an excellent real estate portfolio in the most elegant districts of New Cairo. The company has established a reputation for delivering high-quality projects that meet the needs of its clients. IHD Development Egypt is committed to expanding its presence in New Cairo and has several projects in the pipeline. The company believes New Cairo is a crucial location for real estate investment in Egypt and is committed to providing exceptional properties.
In summary, IHD Development Egypt’s strategy goal is to design stunning and useful environments that satisfy the demands of its customers. The business has made the decision to make investments in Egypt’s New Administrative Capital and is dedicated to growing its footprint in New Cairo. IHD Development Egypt is well-positioned to create outstanding real estate projects in Egypt because of its strong planning and design philosophy.
Significant Projects by IHD Development
Vivid Tower Overview
IHD Development has made a name in the Egyptian real estate market with its impressive construction designs and fascinating green parks. One of its flagship projects is the Vivid Tower, located in the New Administrative Capital of Egypt. The tower boasts a distinctive modern aura and is expected to be completed by March 2025. The property types in Vivid Business Tower include office spaces and shops, with a property size ranging from 12 to 30 square meters. The finishing for the properties is Fully Finished, Core, and Shell.
Mirage Mall Development
Another major project by IHD Development is the Mirage Mall, which is also located in the New Administrative Capital. The mall is set to be one of the largest shopping centers in Egypt, covering an area of 130,000 square meters. The mall will feature many international and local brands, a cinema complex, a food court, and a family entertainment center. The mall is expected to be completed by the end of 2023.
Touristic Towers Area Expansion
IHD Development is also expanding the Touristic Towers Area in the New Administrative Capital, a popular tourist destination in Egypt. The expansion project will include constructing new hotels, resorts, and entertainment facilities. The company has partnered with international hotel chains to ensure the highest quality and expertise in the project, which will be completed in the coming years.
IHD Development has established itself as a leading real estate investment company in Egypt and the Gulf region. Its emphasis on quality, expertise, innovation, integrity, and mutual benefit has enabled the company to undertake significant projects such as the Vivid Tower, Mirage Mall, and Touristic Towers Area Expansion. With its impressive architectural designs and commitment to excellence, IHD Development is poised to continue making significant contributions to the Egyptian real estate market.
Real Estate Market Impact
Contribution to the Egyptian Economy
IHD Development Egypt has significantly contributed to its economy through real estate projects. The company has invested heavily in developing high-end residential and commercial properties in Cairo, attracting local and foreign investors. This has helped to create jobs and boost economic growth in the country.
According to a report by Orbis Research, the Egyptian real estate market is expected to grow at a CAGR of 10.96% between 2020 and 2025, driven by population growth, urbanization, and government initiatives to promote economic development. IHD Development Egypt is well-positioned to capitalize on these trends, given its experience and expertise in the sector.
Influence on Cairo’s Urban Landscape
IHD Development Egypt has significantly impacted Cairo’s urban landscape through its real estate projects. The company has developed several high-profile properties in the city, including residential complexes, shopping malls, and office buildings. These projects have enhanced the city’s skyline and provided much-needed infrastructure and amenities for residents and businesses.
One of IHD Development Egypt’s most notable projects is its luxury residential complex in New Cairo, which features modern apartments, villas, and townhouses. The development has been praised for its innovative design, high-quality construction, and attention to detail. It has also helped raise the bar for luxury real estate in Cairo, attracting high-end buyers and investors worldwide.
Overall, IHD Development Egypt’s real estate projects have positively impacted the Egyptian economy and Cairo’s urban landscape. The company has distinguished itself in a very competitive field thanks to its dedication to quality, innovation, and sustainability. IHD Development Egypt is ideally positioned to maintain its position as a major player as the Egyptian real estate market develops and grows.
Investment Opportunities
For those wishing to make real estate investments in Egypt, IHD Development Egypt provides a range of investment options. The company has a stellar reputation for tenacious work ethic in Egypt and a few Gulf nations. It also possesses a superb real estate portfolio situated in New Cairo’s most prestigious neighborhoods, stretching to the New Administrative Capital (NAC).
Residential Projects
IHD Development Egypt has several residential projects that offer great investment opportunities. These projects offer a range of property types, including apartments, villas, and townhouses, with sizes and designs to suit different needs and preferences. The company’s residential projects are known for their high-quality finishes and attention to detail, making them a great investment option for a luxurious and comfortable living experience.
Commercial Properties
IHD Development Egypt also offers a range of commercial properties that provide excellent investment opportunities. The company’s commercial properties include office spaces, shops, and retail spaces located in prime locations in New Cairo and the New Administrative Capital. These properties offer great potential for investors looking to invest in Egypt’s growing commercial sector.
IHD Development Egypt’s vast experience and in-depth understanding of the Egyptian real estate sector can be advantageous to investors wishing to make real estate investments there. The team of professionals at the organization can offer insightful analysis and guidance on the greatest investment options, assisting clients in reaching their financial objectives and making well-informed decisions.
Overall, IHD Development Egypt’s commitment to quality and attention to detail, combined with their extensive experience and knowledge of the market, make them an excellent option for those looking to invest in the real estate market in Egypt.
Innovative Practices in Development
IHD Development Egypt has been at the forefront of innovative and sustainable practices in the real estate industry. The company has integrated innovative technologies and implemented green spaces to create sustainable and environmentally friendly communities.
Smart Technologies Integration
IHD Development Egypt has incorporated intelligent technologies into its projects to create modern and efficient living spaces. The company has implemented smart home systems allowing residents to control lighting, temperature, and security systems through smartphones. Additionally, the company has installed high-speed internet and Wi-Fi throughout their properties to provide residents seamless connectivity.
Green Spaces and Sustainability
IHD Development Egypt has prioritized sustainability in its developments. In order to provide residents with a sustainable and healthful environment, the corporation has installed green spaces and landscaping. To cut down on energy use and carbon emissions, it has also installed energy-efficient technology in its buildings.
IHD Development Egypt has also implemented waste management systems to reduce waste and promote recycling. The company has installed recycling bins throughout their properties to encourage residents to recycle and reduce their environmental footprint.
IHD Development Egypt has also implemented innovative construction techniques to create sustainable and energy-efficient buildings. The company has used eco-friendly materials and construction methods to reduce waste and promote sustainability.
Overall, IHD Development Egypt has set a high standard for innovative and sustainable practices in the real estate industry. The company’s commitment to intelligent technologies, green spaces, and sustainability has created modern and environmentally friendly communities for residents.
Partnerships and Collaborations
Consulting Companies
IHD Development Egypt has established partnerships with several consulting companies to ensure the success of its projects. One of its notable partners is KAD, a leading engineering and architectural consulting firm in the UAE. The collaboration between IHD Development Egypt and KAD has resulted in developing some of the most impressive construction designs in Egypt’s New Administrative Capital.
International Ventures
IHD Development Egypt is a Gulf-Egyptian company with an excellent record of persistent hard work in Egypt and some Gulf countries. The company has partnered with several international ventures to expand its reach beyond Egypt. One of its notable partnerships is with International Housing Development (IHD), a company that shares the same name but operates in different regions. The partnership between IHD Development Egypt and IHD has successfully completed several projects in Egypt and the Gulf region.
Through alliances and teamwork, IHD Development Egypt has been able to take use of its partners’ knowledge and complete projects successfully. The company’s emphasis on quality, creativity, and integrity has drawn in a number of partners, and in order to broaden its clientele and produce projects of the highest caliber, it is still looking for new alliances.
Project Management and Supervision
Quality Assurance
IHD Development Egypt is committed to delivering high-quality projects that meet international standards. The organization has put in place a stringent quality assurance procedure that begins with the design phase and lasts through project completion in order to guarantee the caliber of their work. Regular testing, documentation, and inspections are all part of the company’s quality assurance procedure, which makes sure the project satisfies the necessary quality standards.
IHD Development Egypt also uses high-quality materials and works with reputable suppliers to ensure that its projects are built to last. To guarantee that the materials used in its projects fulfill the necessary quality requirements, the project management team of the organization maintains close working relationships with its suppliers.
Operational Excellence
The project management team of IHD Development Egypt makes sure that tasks are finished on schedule, within budget, and to the necessary quality standards. In order to guarantee that projects are completed on schedule and within budget, the company’s project management team employs the newest technologies and techniques together with a wealth of expertise managing intricate projects.
The company’s project management team also works closely with contractors and subcontractors to ensure that the project is executed efficiently and effectively. They monitor the project’s progress and take corrective actions when necessary to ensure that the project is completed on time.
IHD Development Egypt’s project management team also ensures that the project is executed in compliance with all relevant laws and regulations. They work closely with the local authorities to ensure the project is executed in compliance with the local laws and regulations.
In conclusion, IHD Development Egypt’s project management and supervision team is committed to delivering high-quality projects that meet international standards. They use a strict quality assurance process and the latest project management tools and techniques to ensure their projects are completed on time, within budget, and to the required quality standards.
Future Outlook and Developments
Upcoming Projects
IHD Development Egypt has established itself as a major player in the Egyptian real estate market. With a portfolio of impressive projects in the New Administrative Capital (NAC) and other areas of the country, the company has ambitious plans for the future, with several upcoming projects in the pipeline.
One of the most exciting projects is the Vivid Business Tower, a mixed-use development in the heart of the NAC. The tower will include offices and retail space and is expected to be completed by Q1 of 2022. IHD Development Egypt has already begun making reservations about the project and is confident it will succeed significantly.
Another upcoming IHD Development Egypt project is a new NAC residential development. Although this project is still in the planning stages, the company is already generating buzz with its plans. With its track record of delivering high-quality projects, IHD Development Egypt is sure to make a significant impact with this new development.
Market Projections
IHD Development Egypt has a strong understanding of the Egyptian real estate market and is well-positioned to take advantage of future trends and developments. The company is optimistic about the market’s future and is confident that it will continue to grow and thrive in the years to come.
One major trend that IHD Development Egypt monitors is the increasing demand for high-quality, sustainable developments. With its commitment to using cutting-edge technology and sustainable building practices, the company is well-positioned to meet this demand and deliver environmentally friendly and aesthetically pleasing projects.
Looking ahead to 2022 and beyond, IHD Development Egypt is poised for continued success in the Egyptian real estate market. With a strong track record of delivering high-quality projects and a deep understanding of market trends and developments, the company is well-positioned to take advantage of future opportunities and continue to grow and thrive.
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Frequently Asked Questions
How does the Human Development Index affect economic policy in Egypt?
The Human Development Index (HDI) measures a country’s progress in terms of health, education, and income. In Egypt, the HDI has been used to inform economic policy decisions and identify areas that need improvement. The government has focused on improving access to education and healthcare, increasing employment opportunities, and reducing poverty. The HDI has also been used to track progress towards achieving the United Nations’ Sustainable Development Goals.
What are the primary goals of Egypt’s National Sustainable Development Strategy?
Egypt’s National Sustainable Development Strategy (NSDS) promotes sustainable economic growth while reducing poverty and inequality. The strategy focuses on improving access to education and healthcare, promoting renewable energy and resource efficiency, and increasing investment in infrastructure. The NSDS also aims to address gender inequality and promote social inclusion.
What measures is Egypt taking to improve education and health for sustainable development?
Egypt has implemented several measures to improve education and healthcare. The government has increased funding for education and implemented reforms to improve the quality of education. It has also increased access to healthcare by expanding coverage and improving the quality of healthcare services. Egypt is also investing in research and development to promote innovation in healthcare and education.
How is Egypt addressing gender inequality in its development plans?
Egypt has implemented several measures to address gender inequality, including improving access to education and healthcare for women and girls, promoting women’s participation in the workforce, and enforcing laws to protect women’s rights. The government has also launched campaigns to raise awareness about gender-based violence and discrimination.
What are the challenges Egypt faces in achieving sustainable economic growth?
Egypt faces several challenges in achieving sustainable economic growth, including high levels of poverty and unemployment, limited access to finance for small and medium-sized enterprises, and a need for more infrastructure in some areas. The country also faces challenges related to political instability and security concerns.
How do foreign investments impact the development initiatives in Egypt?
Foreign investments can significantly impact development initiatives in Egypt. They can provide much-needed capital for infrastructure projects, create employment opportunities, and promote innovation in key sectors such as healthcare and renewable energy. However, foreign investments can also pose risks, such as the potential to exploit natural resources or labor. The government has implemented policies to attract foreign investment while protecting the country’s and its citizens’ interests.
