REAL ESTATE INTERVIEW 1من اصل4
MAGHAWRY: we are studying founding residential project on 2000
acres in Borg Al-Arab.
Al-Shams company for Housing and Construction is considered to be one
of the most deep-rooted companies working the field of real estate
investment in Egypt 80 years ago.
Their investments scale reaches up to 3 billion pounds. It held numerous
self-financing projects in the 6th of October city, Al-Obour and Marghani
street.
As well as owning real estate investment in 12 historic buildings in Down
Town. In addition to “Al-Shams Towers Sheraton Towers”, and ”
Almontazah” in Al-Ma’moura , Alexandria. This is what major general Eng.
Mahmoud Maghawry the chief executive officer at Al-shams Housing and
Construction company confirmed during his interview to Fused, To learn
more from the upcoming dialog.
As a beginning, we would like you to introduce yourself. Please?
Major General Eng. Mahmoud Maghawry, I worked for the armed forces
until the rank of general, I was responsible for most engineering jobs, after
being a deputy I was set to take the engineering division manager position,
as well as the general chief of Engineering staff,
I was mandated in the ministry of Housing, as the chairman of the central
system of Housing and Development, from 2008 to October 2013, and
Deputy minister of Housing, In November 2013 I was set as the CEO at
Al-Shams company for Housing and Construction as well as its Managing
Director.
Could you give us an overview about Al-Shams company for Housing
and Construction?
The company owns an integrated system in the fields of development and
estate investment in Egypt, it exists in the real estate market for over 80
years, as it carried out several large self-financing projects in the 6th of
October city, Al-Obour and Al- Marghani street.