Badr El-Din Real Estate Projects announced the JV of Badr El-Din for construction, one of its companies, and the Consolidated Contractors Company CCC to form a new entity called “Badr El Din for Construction – CCC”.
Arkan palm, one of Badr El-Din Real Estate Projects, collaborated with Badr El-Din for construction-CCC to implement the 1st phase of the 205 feddan project located in West Cairo. The project is being developed by Arkan Palm Development In partnership with New Urban Communities Authorities (NUCA).
Arkan Palm CEO’s Tamer Badr El-Din said that the joint venture of Badr El-Din for construction and Consolidated Contractors Company CCC is a leading step to present a unique outcome that could comply with the amount of reconstruction, development and mega projects implemented by the state, expressing the big company’s happiness to collaborate with CCC, the experienced company in the field of construction and had implemented many mega projects around the world.
He added that Badr El-Din for construction – CCC will construct the 1st phase of the residential part of the 205 feddan project located in Sheikh Zayed City, according to the agreement signed.
Badr noted that the 1st phase will be constructed in 14 months, while Arkan Palm will start to deliver the units of the 1st phase during two years and half, around one year and three months before the scheduled time with the customers.
205 project is build over 205 feddans in Shiekh Zayed City. It is considered to be the first down town district in the West of Cairo. The project’s southern part stretches over one kilometre and overlooks 26th of July Axis, while the northern part is 1.2 kilometres and looks over El Bostan Street where many famous mall brands are located like Arkan and American Plaza.
Meanwhile, Ahmed Badr El-Din, CEO of Badr El-Din for construction said said that the 1st phase will be build over 40 thousand metres, while the total area of the buildings including the heights will be 70 thousand metres. Every building will be consisted of ground and 9 stories.
He added that the Badr El-Din for Construction – CCC will construct all the residential zone after finishing the construction of the 1st phase.
The total area of the 205 project is 200 thousand meters, while the total area of buildings is 260 thousand meters. It includes 26 residential buildings.
For his part, Mohamed Tarek, CCC’s Area Managing Director for North Africa said that his company is keen to collaborate with serious and experienced companies in the real estate development and construction field, adding that Badr El-Din Development is distinguished by being one of the very few companies which was able to implement successful projects whether residential, commercial, administrative and medical.
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