Nile Developments contracts with CFM a member of the Orascom Group

Emphasizing its desire to provide the best quality to its customers, Nile Developments – one of the largest real estate companies in Egypt – announced its contract with Contrack Facilities Management (CFM) – one of the Orascom Group companies – to provide integrated facilities management solutions for the construction of the first Festival Tower in The New Administrative Capital, as part of the Nile Developments Company’s keenness to contract with major companies in all stages of the construction of the first Festival Tower, to ensure its implementation at the highest level to become an icon for multi-use towers in the Administrative Capital.

The services to be provided by Contrack Facilities Management (CFM) for the construction of the first Festival Tower in the New Administrative Capital include consulting services and facility management for the project in the planning stages and studying the needs of new facilities, and was chosen by Nile Developments, due to the long and extended experiences. For the company over 15 years, during which it succeeded in providing its services to more than 130 clients of major companies in Egypt, including Cairo Festival City Mall, Nile City Towers, Al Shaya Group, Smart Village, Ministry of Communications and Information Technology, Al Masa Capital Hotel in the Administrative Capital, the third phase of the Grand Egyptian Museum, Damac Parke avenue and several banks and embassies, Thanks to its keenness to provide its customers with the best possible quality while at the same time complying with environmental standards.

The Nile Developments Company’s project is located on an area of more than 18,000 square meters with a main facade of 100 meters in the touristic towers area in “Downtown” in the New Administrative Capital, which is a distinctive area with its view of the Green River and a number of important projects, and the tower consists of 36 floors with a height of 131 Meters, and it includes commercial units (shops, restaurants and cafes), administrative offices, medical clinics, and hotel apartments, in addition to many facilities for customer service and tower visitors, comparable to those of the most famous similar towers regionally and internationally.


Eng. Mohamed Taher, Chairman of the Nile Developments, said that as part of the company’s endeavor to launch new real estate products with unconventional specifications, it selects partners who have long and previous business experiences with successful projects to achieve this goal, especially since the real estate market needs new ideas and innovative, especially in administrative, commercial and hotel sectors, which is what the company aims to achieve during the coming period.

For his part, Eng. Mahmoud Taher, Vice Chairman of the Nile Developments, said that the company raises the slogan of quality comes first, so it is keen to carefully choose the companies participating in the implementation of its projects, to provide the best quality to its customers in all stages, whether in design, and therefore Dr. Engineer Asaad Salama’s office, which is one of the largest consulting offices in the Arab world, and today we chose to contract with CFM company that has experience and previous work in implementing huge projects in Egypt.

For his part, Karim Mamoun, head of the commercial sector of the Nile Developments company, said that choosing the largest companies to establish the first Festival Tower in Egypt in the New Administrative Capital project increases the competitiveness of the project and the confidence of our customers in our keenness to provide them with the best services, and is consistent with the company’s strategy to make The project  an icon for multi-use towers in the Administrative Capital and the real estate sector in general.

It is noteworthy that the Nile and Al-Ahram Real Estate Development Group announced in September 2018 the merging of their assets and projects together, with the aim of maximizing the optimal use of the various projects of the two companies, and meeting all customers’ demands, and the company has a huge project portfolio that exceeded 100 projects in New Cairo, and more than 35% were delivered.

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