The Clap
Madinet Nasr (MNHD) signed a memorandum of understanding with El Hazek to carry out construction works on the company’s projects worth EGP 1.5 billion. The construction works will start with the Shalya project in Taj City.
The Deets
Under the agreement, El Hazek will build 34 residential buildings, with a total of 941 housing units, in addition to other projects that will be implemented until the end of the agreement after two years.
It is expected that the first phase of the project will be implemented after 18 months.
Madinet Nasr & El Hazek sign EGP 1.5 billion agreement 🏠
