📋 Tender Overview
Scope of Work:
Construction of Malaga project in Sidi Abdel Rahman, North Coast.
Description:
Ma’alem Development has announced an ambitious expansion plan, introducing the Malaga project in Sidi Abdel Rahman, North Coast, with investments nearing EGP 20bn. Spanning 105 feddans, this project marks a significant milestone in the company’s growth strategy. The Malaga project is envisioned as a comprehensive resort, encompassing residential, commercial, recreational, and service facilities.
The company has partnered with Innovation and Positive Magnets for engineering and development consultancy. Additionally, Ma’alem is working with renowned marketing and real estate consultancy firms, including Coldwell Banker, The Board Consulting, and New Avenue Real Estate Marketing. Designed in a Spanish architectural style, the project aims to emulate the charm of Spain’s most beautiful coastal cities.
The project will maintain a low building density, not exceeding 13% of the total land area, to maximize green spaces, water features, and landscaping. The development will include approximately 1,800 units, featuring a mix of villas and chalets, ensuring high levels of privacy for residents. A key feature of the Malaga project is a large commercial mall spanning 12 feddans, which will include the first underground parking garage of its size in the area. This initiative aims to reduce congestion, improve traffic flow, and promote sustainability. The company has engaged a leading consultancy firm to conduct traffic studies.
