Mercon real estate development
It is one of the modern real estate companies in the Egyptian real estate market. It was established in January 2021 as a joint stock company. Mercon includes two reputable businessmen and investors, namely; Eng. Ahmed Imbabi, Chairman of the Company’s Board of Directors, a businessman who owns Mimar Makkah, a real estate company, and Eng. Samer Beek, a businessman who owns Sam Mix Company, which is specialized in the concrete industry.
The company seeks, through a strategic plan, with the use of external expertise, to create an Egyptian entity with a global thought, with the aim of being at the top of the top 5 companies in the Egyptian real estate market within only 5 years.
Mercon Real Estate Development is the developer and executing company of the Pavo Tower CBD New Capital project as its first project in the New Administrative Capital, while its first project was in the northern 90s, which is the Gravity Ships G7 project, a commercial mall on an area of 6000 meters next to a hospital Ceremonies, El-Baz Mosque, and Banafseg District.
Mercon Real Estate Development Company is characterized by having a large land portfolio in a number of different areas whose locations will be announced with the launch of each project at the appropriate time. between commercial and administrative, which helps in creating an abundance of supply, thus satisfying market demand.
It is worth noting that Mercon Real Estate Development Company employs about 1200 employees, and its vision is an ambitious plan during the next few years to expand in the field of real estate development, in the Fifth Settlement, the New Administrative Capital and the New Alamein City, by presenting a different and innovative urban thought that aims To achieve comprehensive urban development in all parts of Egypt.
