Established in 2019, Anja Developments has announced that they will invest three billion EGP in their debut project, Carnelia, in Ain Sokhna. Carnelia is set to be developed over five phases, with the first phase to be delivered by 2024. Over the next five years, Anja Developments plans to invest a total of 15 billion EGP in projects in Ain Sokhna and North Coast.
Anja Developments aims to redefine conventional perception of real estate in Egypt by capitalising on the decade long expertise of its shareholders. “Since day one, all shareholders have been determined to introduce not only a new line of thought to the market, but also to establish a company that stands out through an insightful and analytical attitude,” said Sherif Saleh, Chief Commercial Officer at Ajna Developments.
