Arab Finance: Maxim Investment Group has signed a strategic partnership agreement with The MarQ Communities to become the developer of Maxim North Coast Project, with a total investment of EGP 120 billion, as per an emailed press release.
The partnership aims at completing the development of Maxim’s 900-feddan North Coast project to deliver all the delayed units to customers within 36 months via pumping EGP 3 billion investments, with the first phase to be delivered in 2024.
“Our main goal is to accelerate execution rates and construction processes for the speedy delivery of contracted units according to the latest architectural standards,” CEO of Maxim Investment Group Mohamed Samir commented.