With robust investments and an ambitious investment plan, VOYA Development has announced its entry into Egyptian real estate market, marking a strong start with the unveiling of its first project, Zat Community. The launch took place in a grand event hosted by the company, attended by its executives, clients, a distinguished group of business leaders, and prominent figures from various fields
VOYA Development’s Chairman, Eng. Essam El-Naggar, stated that the Egyptian real estate market presents substantial and varied investment opportunities for dedicated companies. He noted that those with a clear vision, ambitious strategy, and solid financial standing are well-positioned to capitalize on these prospects.
El-Naggar also unveiled plans for VOYA to launch two new projects in 2025 in Sheikh Zayed city, explained that the company’s initial focus on West Cairo aligns with the area’s abundance of investment opportunities and strong market demand. The ongoing large-scale development aimed at establishing West Cairo as Egypt’s tourism hub further supports VOYA’s strategic expansion in this dynamic region.
He disclosed that VOYA Development draws its passion for creating upscale urban communities from the beauty and sophistication of Egypt’s modern cities. The company aims to meet client aspirations and needs, leveraging the extensive 15-year experience of its shareholders in real estate development and construction, which has contributed to reshaping Egypt’s real estate development landscape in key markets across Cairo, including Sheikh Zayed and Sixth of October.
Eng. Essam El-Naggar brings over 20 years of experience in real estate and construction to his role. His strategic focus extends to expanding his investment portfolio into the education sector, which led to the establishment of an international school that follows top global standards in curriculum, teaching methods, and extracurricular activities.
El-Naggar holds a Bachelor’s degree in Civil Engineering from Cairo University, as well as a Master’s in Engineering Management and an MBA from ESLSCA.
Eng. Shehata El-Sayed, CEO of VOYA Development, said that the company’s philosophy is grounded in its unwavering commitment to raising real estate development standards in the Egyptian market.
“We believe in creating diverse spaces that not only exceed client expectations but also set new standards for upscale living in cities,” El-Sayed added.
He highlighted that the Zat Community project is a fully integrated residential compound covering 10 acres, with completion targeted within three years. The company has engaged Hafez Consultants to serve as project consultant, a collaboration that brings strong competitive advantages. This partnership supports VOYA’s vision of delivering a unique project that will make a lasting impact in the real estate market.
El-Sayed also noted that the company continuously explores expansion opportunities in various regions to achieve a diverse investment portfolio and cater to different client demands. He emphasized VOYA Development’s dedication to supporting Egypt’s comprehensive urban development plan by delivering distinctive projects aligned with the country’s current growth and renaissance.
Eng. Shehata El-Sayed brings over 16 years of experience in the real estate development sector, where his strategic vision and leadership skills have significantly contributed to reshaping West Cairo. Notably, he has overseen the development of more than 1,500 residential units in key areas like 6th of October city and Sheikh Zayed city.
Eng. Shehata has also played a role in major projects in the area, including Dar Al Fouad Hospital, the Mena House Hotel, and the main campus of MSA University.
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