Company Brief
El Nasr Housing and Development Company subsidiary of the Holding Company for Construction and Development of the Ministry of Public Business Sector
The history of El-Nasr Housing and Development Co. is based on hard work, excellence and expertise. The Company has began its actual work from more than 35 years ago and since that time it affirmed its uniqueness to carry out major projects. In all its activities, the company maintains planning and specialized scientific studies. It was able through a huge number of fundamental and distinguished achievements in management, building, construction and lands division to become one of the leading companies in housing and construction not only in Egypt but also in all Arab World.
Since the Company has undertaken the management and development of Mokattam in 1984, it has realized great achievements in the field of housing and developing in Mokattam in order to place it at the highest level.
Housing Projects :
In this field, the Company established more than 4000 housing units in Mokattam city with different areas begins from 70m to 250m, in addition to stores and private parking for the said housing units. All these units are distinguished with an architecture design and luxurious finishing.
Construction projects:
In the field of construction and land division in Mokattam area, the Company provided more than 4 million meter square with all utilities for different activities (housing – religious – commercial – entertainment – health - education). The Company is also preparing to construct a huge housing project in 6th of October city with an area of 67 acres in order to establish housing units with integral services.
Utilities Projects :
In this field, the company connected the main infrastructure of Mokattam with the main infrastructure networks of Cairo. The Company carried out the main projects of water and sewerage in order to finish the reconstruction of all the areas of Mokattam and providing it with utilities. Moreover, the company will carry out electricity - water - roads- sewage activities whether through replacing, renewing or periodical maintenance. The Company is completing securing, protecting edges whether upper or down parts, as replacing and renewing water and sewage networks in order to prevent any infiltration to protect the edges. The Company depends on technical studies prepared by the Faculty of Engineering, Ain-Shams University and by specialized consultancy offices in this field.
Gardens and green areas :
The Company has provided and developed gardens in the upper and lower hill and in the ascending road with total area 100 thousand meter as a first stage, in addition to the instruction panels.
Road projects :
- El-Nasr company together with Cairo Governorate and Islamic Bank for Investment have constructed the duality of the ascending Road with total value 12.5 million pounds, where it continued for 18 month till finished it .The length of the road is about 3k.m. It is divided into two directions each direction about 8m, in the middle there is a lane in order to secure the road.
- The Company has carried out and opened new roads like the main access to serve Mokattam city and also to link it with the ring road (Autostrade and Nasr city).
- The Company repaired and re-paved the road for the three hills in Mokattam which is necessary to link new areas with the main Roads. Which led the company to work on all axes of development and reconstruction, including:
Company Activities
Human Resources:
The Company is paying great attention to improve its human resources skills through specialized courses in different fields.
Expansion of the ownership:
- The Company sold about 65 thousand meter square in the first Mogawra “zone” in El-Mearague to one of the biggest Commercial Companies in the Middle East in order to establish a huge investment project (Carrefour mall)
- The Company also sold 26 thousand meter square in El-Meargue to the French Embassy in order to establish a French Academy (the French lycee school).
- The Company finished sale of 4 million meter square to one of Emirates Investment Companies in order to establish housing and entertainment compounds with all services and this will be considered as a big achievement and good example in the real estate development. This project includes 25.000 apartment- five stars hotel – public services – schools – hospitals – mosques – malls – police station and fire department, in addition to all infrastructure and road networks.
Scientific research and Technical studies :
Scientific research is playing an important role in the development and reconstruction of Mokattam city. The Company has referred to specialized scientific bodies (Soil and foundation researches, housing and urban planning researches…) to carry out the necessary studies and give recommendations to be followed by the Company in Mokattam development.
Real estate financing :
There’s a protocol for cooperation between El-Nasr company and the Egyptian company for real-estate financing to set facilitations and payement methods in order to achieve the target of the real-estate financing.
Slums:
The Company contributed in the First Lady (Suzane Mubarak ) housing projects in Zeinhom region by donating a number of buildings. This project is considered an important social project as it serves many sections in Society and helps in slums' upgrading.