ASGC bags contract for Egypt's City Edge project

The contract award came as the developer signed two separate construction contracts for its Etapa and Etapa Square projects, with the former development's contract, worth $10.5m, going to Redcon Spain, a subsidiary of Redcon Construction.

Share
City Edge Development

Egypt-based real estate developer City Edge Developments, which was formed in 2017 as a partnership between the country's New Urban Communities Authority and the Housing and Development Bank, has awarded an $83.6m contract to Dubai-headquartered construction giant ASGC for its mixed-used Etapa Square project, located in Sheikh Zayed City.

The contract award came as the developer signed two separate construction contracts for its Etapa and Etapa Square projects, with the former development's contract, worth $10.5m, going to Redcon Spain, a subsidiary of Redcon Construction.

Related

According to Construction Week, ASGC will carry out infrastructure, construction, finishing, and landscaping works for administrative, commercial, and leisure buildings within Etapa Square, which was launched in 2018.

The UAE company will implement its contract in 30 months, which includes the procurement of resources and supplies for the project.

Most Popular

Sign up for Newsletter

Digital Edition

Read The Edition Here