{"id":594242,"date":"2019-10-23T04:10:38","date_gmt":"2019-10-23T04:10:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/"},"modified":"2019-10-23T04:10:38","modified_gmt":"2019-10-23T04:10:38","slug":"egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/","title":{"rendered":"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors"},"content":{"rendered":"<p>Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including <a href=\"https:\/\/www.redconcon.com\/en\/\">Redcon Construction<\/a> and <a href=\"https:\/\/gama.com.eg\/\">Gama Construction<\/a>, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy <a href=\"https:\/\/www.mubasher.info\/news\/3547394\/%D9%85%D8%AF%D9%8A%D9%86%D8%A9-%D9%86%D8%B5%D8%B1-%D9%84%D9%84%D8%A5%D8%B3%D9%83%D8%A7%D9%86-%D8%AA%D8%B3%D9%86%D8%AF-%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D9%85%D9%82%D8%A7%D9%88%D9%84%D8%A7%D8%AA-%D9%81%D9%8A-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D9%8A%D9%86-%D8%A8%D9%805%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87\">said during a conference<\/a>. The company had previously <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/10\/hill-international-wins-consultancy-to-work-on-megaprojects-taj-city-and-sarai\/\">contracted Hill International<\/a> before for consultancy work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction and Gama Construction, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy said during a conference. The company had previously contracted Hill International before for consultancy work.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,353,2402,1777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594242","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-madinet-masr-for-housing-and-development","tag-real-estate-housing","tag-redcon-construction","wpautop","entry"],"acf":{"mongo_id":"34d6dff8-5d1d-4369-9010-651810988201","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594217],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors\" \/>\n<meta property=\"og:description\" content=\"Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction and Gama Construction, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy said during a conference. The company had previously contracted Hill International before for consultancy work.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-23T04:10:38+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors\",\"datePublished\":\"2019-10-23T04:10:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Madinet Masr for Housing and Development\",\"Real Estate + Housing\",\"Redcon Construction\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\",\"name\":\"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors - 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Revenues climbed 22% to EGP 1.76 bn from EGP 1.44 bn last\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639118,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/redcon-construction-target-revenues-of-egp-1-5-bn-for-the-year\/","url_meta":{"origin":594242,"position":1},"title":"Redcon Construction target revenues of EGP 1.5 bn for the year","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"Redcon Construction are aiming for revenues of EGP 1.5 bn by the end of 2017,CEO Hossam Nassar told AMAY. The firm has already clocked in about EGP 1 bn and is looking ahead to 2018. Redcon has already been awarded contracts by SODIC as well as others for work on\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637253,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/redcon-to-develop-egp-1-bn-office-project\/","url_meta":{"origin":594242,"position":2},"title":"Redcon to develop EGP 1 bn office project","author":"enterpriseam admin","date":"12 November 2017","format":false,"excerpt":"Redcon Construction plans to begin work on a EGP 1 bn office project in New Cairo within two months, Chairman Tarek El Gamal told Al Borsa. The 25,000 sqm project is located on Road 90 and work is expected to be completed within a year.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584523,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/02\/madinet-masr-plans-to-spend-more-this-year\/","url_meta":{"origin":594242,"position":3},"title":"Madinet Masr plans to spend more this year","author":"enterpriseam admin","date":"2 April 2023","format":false,"excerpt":"Company to deploy EGP 3 bn in mainly construction capex this year","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/9.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637073,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/redcon-construction-to-break-ground-on-egp-2-bn-medical-complex-in-march\/","url_meta":{"origin":594242,"position":4},"title":"Redcon Construction to break ground on EGP 2 bn medical complex in March","author":"enterpriseam admin","date":"7 November 2017","format":false,"excerpt":"Redcon Construction expects to begin construction on the first phase of its EGP 2 bn medical complex in Capital Group Properties\u2019 Alburouj compound in March, according to Chairman Hazem Ashry. 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