Heliopolis Housing to complete designs of Heliopark New Cairo before year-end

By Marwa himdan On May 23, 2018

Wael Youssef, Managing Director for Financial and Administrative Affairs of Egypt's Heliopolis Company for Housing and Development

Egyptian Heliopolis Company for Housing and Development plans to finalise executing the designs of Heliopark City in New Cairo before the end of 2018, its managing director for financial and administrative affairs said Tuesday.

This comes as part of the state-owned company’s scheme to start developing Heliopark and carrying out a bunch of new projects there, added Wael Youssef.

A consulting office is responsible for implementing the designs of Heliopark’s land plot over 1,700 feddans, Youssef stated, referring that his company also seeks to launch the city in partnership with one of the real estate developers.

“The city’s first phase will be developed on a space of 500 feddans in various phases within a timeframe of seven years,” the Egyptian official concluded.