CCR Developments to Launch Third Major Project in Egypt’s New Administrative Capital

CCR Developments has officially announced plans to launch its third real estate

project in Egypt’s New Administrative Capital (NAC), reinforcing the company’s

long-term confidence in the city’s investment potential and its growing appeal as a hub

for modern living and business

According to Dr. Remon Taghian, CEO of CCR Developments, the new

development comes as part of the company’s strategic expansion after the success

of its previous flagship projects—Front Gate and CORE—both located within the NAC

Front Gate: A Fully Integrated Mixed-Use Project

Front Gate is a prominent mixed-use development comprising commercial

administrative, medical, and hotel units. The project is built on a 4,000 sqm plot and

includes a ground floor plus seven upper floors. It is strategically located near Mostakbal

City, serving residents and businesses across the New Capital, Madinaty

 and surrounding areas

Dr. Taghian confirmed that the construction of the project has reached major milestones

100% of the concrete structure completed

60% of electromechanical works finalized

Over 70% of façade works delivered

CORE: A Prime Location in the R3 District

CCR’s second project, CORE, is a commercial and administrative complex situated

in the vibrant R3 district. It enjoys a strategic position at the intersection

of two major 70-meter-wide roads and overlooks the main corridor connecting

Sports City, the Mohamed Bin Zayed Axis, and the Central Business District

The project is located just minutes from the NAC’s main gate, with ongoing construction

progressing steadily

40+ Years of Real Estate Experience in Egypt

With a strong track record of over 40 years in the Egyptian real estate market

CCR Developments has successfully delivered more than 150 standalone developments

and 250 commercial units in East Cairo. The transition to large-scale projects in the

New Capital marks a significant milestone in the company’s growth strategy

Upcoming Launch to Strengthen Market Presence

CCR Developments Dr Taghian concluded by stating that the proven success of

the company’s existing

projects forms a solid foundation for the upcoming third project launch The new

development is expected to introduce innovative concepts to the real estate

market in Egypt, while enhancing the company’s position as a leader in

high-quality, mixed-use urban developments in the NAC