{"id":642670,"date":"2017-08-20T03:57:22","date_gmt":"2017-08-20T03:57:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/"},"modified":"2017-08-20T03:57:22","modified_gmt":"2017-08-20T03:57:22","slug":"real-estate-developers-reveal-construction-plans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/","title":{"rendered":"Real estate developers reveal construction plans"},"content":{"rendered":"<p>Redcon Construction signed agreements worth a combined EGP 270 mn with SODIC and Abraj Misr to work on new developments in the Fifth Settlement area of New Cairo, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1179732\">Al Masry Al Youm reports<\/a>. A number of other real estate developers also announced their upcoming construction plans. Those include:<\/p>\n<ul type=\"disc\">\n<li>Dorra Real Estate Development Group\u2019s <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1179660\">EGP 2 bn project in New Cairo<\/a>, which it plans to break ground on in October and complete within four years\u2019 time;<\/li>\n<li>Emtelak Real Estate and Development\u2019s <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1179740\">EGP 1.7 bn hotel project in Ain Sokhna<\/a>, where construction will begin early next year under a PPP agreement;<\/li>\n<li>Memaar Al Morshedy will begin constructing <a href=\"http:\/\/www.almalnews.com\/Story\/343323\/16\/%D9%85%D8%B9%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%B1%D8%B4%D8%AF%D9%89-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%89-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9\">EGP 1 bn worth<\/a> of projects at Katameya Gate and Lake Front in Six of October;<\/li>\n<li>Al Akareya began working on the first phase of its <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1179738\">EGP 900 mn Korba Heights<\/a>development and expects to complete the project by 2022.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Redcon Construction signed agreements worth a combined EGP 270 mn with SODIC and Abraj Misr to work on new developments in the Fifth Settlement area of New Cairo, Al Masry Al Youm reports. A number of other real estate developers also announced their upcoming construction plans. Those include: Dorra Real Estate Development Group\u2019s EGP 2 [&hellip;]<\/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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642670","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"13328cac-21ef-4c32-a1d8-03a90e1a1677","order":"0","is_powered_by":true,"section_story_id":"09e114ac-9d44-41de-ad16-671e3e155156","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642626],"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>Real estate developers reveal construction plans - 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\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate developers reveal construction plans\" \/>\n<meta property=\"og:description\" content=\"Redcon Construction signed agreements worth a combined EGP 270 mn with SODIC and Abraj Misr to work on new developments in the Fifth Settlement area of New Cairo, Al Masry Al Youm reports. A number of other real estate developers also announced their upcoming construction plans. Those include: Dorra Real Estate Development Group\u2019s EGP 2 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-20T03:57:22+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Real estate developers reveal construction plans\",\"datePublished\":\"2017-08-20T03:57:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/\"},\"wordCount\":146,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/real-estate-developers-reveal-construction-plans\/\",\"name\":\"Real estate developers reveal construction plans - 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Sales could begin next year. The development is one of several MBG projects in the new capital, with Boca Compound\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":596412,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/ora-developers-plans-to-invest-up-to-egp-5-bn-in-zed-project-in-2019-and-2020\/","url_meta":{"origin":642670,"position":1},"title":"ORA Developers plans to invest up to EGP 5 bn in ZED project in 2019 and 2020","author":"enterpriseam admin","date":"27 August 2019","format":false,"excerpt":"ORA Developers is planning to invest between EGP 4-5 bn in its ZED project west of Cairo in 2019 and 2020, CEO Haitham Mohamed told Reuters\u2019 Arabic service. The company is also looking to buy 850 feddans in the North Coast.","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":642670,"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":595385,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/mountain-view-signs-contracts-worth-egp-1-7-bn-for-icity-in-2019\/","url_meta":{"origin":642670,"position":3},"title":"Mountain View signs contracts worth EGP 1.7 bn for iCity in 2019","author":"enterpriseam admin","date":"24 September 2019","format":false,"excerpt":"Mountain View has signed contracts with four construction companies worth EGP 1.7 bn so far this year for its iCity project in New Cairo, Chairman Amr Soliman told Al Mal. 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