Mercon
your next partner when it comes to a real investment value!
Mercon for Real estate developments
Mercon Developments is one of the outstanding real-estate companies which takes pride in establishing a lot of urban communities in the best cities in Egypt. One of its highlighted projects is launched in the new administrative capital, the most influential National City. It has chosen this strategic location thanks to its experience and deep knowledge about the Egyptian market needs, which it entered 15 years ago.
Mercon Developments has started its business as a trader for building materials and manufacturing reinforced concrete for immediate use. Then it invaded construction and excelled in implementing more than 70 national projects that vary between administrative, commercial, and residential fields. Also, the projects it developed in the new administrative capital and the fifth settlement area attest to its unrivaled success.
The projects of Mercon Developments are distinguished by its futuristic perspective and its support for the Egyptian government in achieving the 2030 vision to pump investments in Egypt’s property market. Also, it intends to expand further in many Arabic countries to increase the corporation’s annual investment and boost the Egyptian economic growth for more progress.
Who runs Mercon Developments?
Though it’s a newly established company, Mercon Developments has a colossal experience since its board chairmen have enterprising skills and broad experience in several fields. Those chairmen are:
Mr. Engineer/ Ahmed Imbabi
• He is the Chairman of the Board of Directors in Meamar Makkah
• Meamar Makkah is one of the pioneering companies with a board experience in Real-estate investment.
• Meamar Makkah has implemented many projects in Bayt Al Watan and Al-Andalus district.
• The number of blocks and buildings Meamar Makkah established exceeded 80 as well as more than 6800 residential units.
Mr.Engineer/ Samer Elbaick
• He was the chairman and owner of Sam Mix Company.
• Sam Mix Company is the most renowned company in manufacturing ready-made concrete In Egypt.
• Sam Mix Company has manufactured ready-made concrete for many national projects.
• It’s attributed to offering multiple services for the Egyptian state, especially in the new administrative capital.
• It’s one of the long-standing companies that have many tools.
• He also owns a major transport company with more than about 1500 trucks.
The inception of Mercon developments
• Mercon Developments is one of the newly-established real estate companies, founded in January 2021.
• Yet, its urban history is attributed to its chairmen who have deep-rooted experience in the property’s Egyptian market.
• This entity is a fruit of jointed cooperation between two of the most suburb engineers in architecture and Reinforced concrete.
• So, both engineers, Ahmed Imbabi and Samer Elbaick have imparted their scientific, architectural, and commercial experience to Mercon Developments.
• Despite its recent start, Mercon Developments succeeded in injecting massive investment in the new administrative capital.
• It has established two magnificent projects, and it intends to reconstruct several various projects whether they’re commercial, residential, and administrative- in the heart of the influential new cities in Egypt.
• It’s led by a visionary insight and sophisticated approach, which it will implement to boost Egyptian economic growth.
• And the Chairmen revealed it will grow as a brand and wage a fierce competition with the mighty real-estate companies.
• That’s manifested in its first project it launched in the heart of the new administrative capital. It proved its success in the first phase of construction.
Mecorn Developments projects:
• PAVO Tower: the first commercial project in the heart of the new administrative capital. With its panoramic view and game-changing design and spaces starting from 30m2, it has shown unparalleled success.
Grafitti 7(G7): a great mall that occupies a space of 6000 square meters, with a front facade of 250 meters. It’s located next to the headquarters of the New Cairo Authority.
