{"id":671848,"date":"2025-09-15T00:00:00","date_gmt":"2025-09-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/"},"modified":"2025-09-15T00:00:00","modified_gmt":"2025-09-15T00:00:00","slug":"uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/","title":{"rendered":"UAE\u2019s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout"},"content":{"rendered":"

Modon to develop EGP 45<\/strong> bn infrastructure to support Ras El Hekma:<\/strong> UAE\u2019s Modon Holding<\/a> will spend up to EGP 45 bn over the next two and a half years on infrastructure supporting its Ras El Hekma project, three sources told Asharq Business<\/a>.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

REMEMBER-<\/strong> Abu Dhabi sovereign fund ADQ appointed<\/a> Modon as the master developer for its 170 mn sqm USD 35 bn<\/a> Ras El Hekma project, and it will also develop the first 50 mn sqm phase of the city. <\/p>\n

Modon tendered 2k <\/strong>feddans<\/strong> of work<\/strong> \u2014 including roads and bridges, electricity networks, and water and sewage systems \u2014 to ten local contractors, with awards expected to be finalized before year-end, according to one of the sources. The 50 sqm Modon project will feature seven luxury hotels, hotel units, and a large marina.<\/p>\n

The first district to launch will be <\/strong>Wadi Yemm<\/a><\/strong>, a coastal zone featuring residential units, hotels, two golf courses, a country club, and an open-air theater with 10k seats.<\/p>\n","protected":false},"excerpt":{"rendered":"

Modon tendered 2k feddans of work \u2014 including roads and bridges, electricity networks, and water and sewage systems<\/p>\n","protected":false},"author":1,"featured_media":671849,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7562],"tags":[299,130,72,8822,7388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction","tag-adq","tag-construction","tag-enterpriseam","tag-modon-holding","tag-ras-el-hekma","wpautop","entry"],"acf":{"mongo_id":"dba24d23-eba5-4fc7-accd-84fbc3d3b6d7","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1396.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE\u2019s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout","related_issue":[671840],"teaser":"Modon tendered 2k feddans of work \u2014 including roads and bridges, electricity networks, and water and sewage systems","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.14728b32-e8ee-42ff-befd-a78a23d0816d.mp3"},"yoast_head":"\nUAE\u2019s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout - 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\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE\u2019s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout\" \/>\n<meta property=\"og:description\" content=\"Modon tendered 2k feddans of work \u2014 including roads and bridges, electricity networks, and water and sewage systems\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-15T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1396.jpg?fit=%2C&ssl=1\" \/>\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\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UAE\u2019s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout\",\"datePublished\":\"2025-09-15T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/\"},\"wordCount\":192,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1396.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ADQ\",\"construction\",\"EnterpriseAM\",\"Modon Holding\",\"Ras El Hekma\"],\"articleSection\":[\"Construction\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/uaes-modon-to-pour-egp-45-bn-into-ras-el-hekma-infrastructure-buildout\/\",\"name\":\"UAE\u2019s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout - 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PLUS: Banknbox heads to Qatar","author":"enterpriseam admin","date":"6 April 2025","format":false,"excerpt":"The zone is set to span 10 mn sqm and employ more than 20k people","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1885.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":677334,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/24\/a-coast-under-the-influence-2\/","url_meta":{"origin":671848,"position":2},"title":"A coast under the influence","author":"enterpriseam admin","date":"24 June 2025","format":false,"excerpt":"Imagining Ras El Hekma: Back in February 2024, when Abu Dhabi acquired the development rights to the Ras El Hekma triangle for USD 35 bn, the headlines were all about the moment: It was a lifeline \u2014 a historic influx of capital that promised to pull our economy back from\u2026","rel":"","context":"In "THE NEW SAHEL"","block_context":{"text":"THE NEW SAHEL","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-new-sahel\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1392.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655459,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/19\/modon-holding-taps-hassan-allam-holding-for-ras-el-hekma-construction-projects\/","url_meta":{"origin":671848,"position":3},"title":"Modon Holding taps Hassan Allam Holding for Ras El Hekma construction projects","author":"enterpriseam admin","date":"19 November 2024","format":false,"excerpt":"Good morning, friends. We\u2019ve got another packed issue for you this morning, with plenty for you to read through this morning. Space is at a premium today, so let\u2019s get started.BUT FIRST- Today\u2019s a great day to check out our sister publication EnterpriseAM KSA, as you can check out their\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/898.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":615896,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/26\/egx30-drops-5-after-ras-el-hekma-announcement-softens-devaluation-forecasts\/","url_meta":{"origin":671848,"position":4},"title":"EGX30 drops 5% after Ras El Hekma announcement softens devaluation forecasts","author":"enterpriseam admin","date":"26 February 2024","format":false,"excerpt":"The USD on the local parallel market has fallen nearly 17% since ADQ\u2019s agreement with the government was announced on Friday","rel":"","context":"In "Capital markets"","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2470.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660813,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/18\/organi-group-inks-strategic-partnership-with-chinas-cscec\/","url_meta":{"origin":671848,"position":5},"title":"Organi Group inks strategic partnership with China\u2019s CSCEC","author":"enterpriseam admin","date":"18 February 2025","format":false,"excerpt":"The two sides plan to set up USD 500 mn worth of projects over the coming year","rel":"","context":"In "Construction"","block_context":{"text":"Construction","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/construction\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1735.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=671848"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671848\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/671840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671849"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671848"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671848"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}