π Tender Overview
Scope of Work:
Construction of Saada New Cairo compound.
Description:
The project will be built on 370 feddan in New Cairo, with an estimated investment of EGP 36bn. It consists of 1,300 villas, two five-star hotels, 250 serviced units, an international school, a world-class club, a clubhouse, and a commercial mall. The project also includes a commercial and administrative area of 2 kilometers on the Suez Road. The construction of the first phase has been completed, and the company has contracted with Saudi Abdulla Al-Misβhal Contracting Company to carry out the rest of the development. The project is expected to be completed within 4 to 5 years.
The project will feature brands entering the Egyptian market for the first time, and that negotiations are underway with major international companies to manage the hotels and the club. The project will have administrative buildings with ground height and five floors, and with sales spaces varying between commercial and administrative units. Saada New Cairo is one of the most promising real estate projects in Egypt, as it offers a unique mix of luxury, comfort, and convenience. The project reflects the vision and expertise of Horizon Egypt Developments and its partners in the UAE.