Arabtec appoints masterplanner for Egypt project

Architecture & Planning Group to oversee plans for $40bn project

Cairo, Egypt
Cairo, Egypt

Arabtec has appointed UAE-based Architecture & Planning Group to be the masterplaner for its $40bn project to build up to one million new homes in Egypt.

The company announced that it had appointed a masterplanner for the project, which covers 13 different sites, on the Dubai Financial Market yesterday. The biggest of these could contain up to 500,000 homes.

Last week, Arabtec said that it had moved the former CEO of its construction arm, Sami Asad, to become head of the business responsible for delivering the project, Arabtec Egypt for Real Estate Development.

Asad had only joined Arabtec last year from Abu Dhabi-based developer Aldar Properties, where he served as CEO overseeing the development of Yas Island's attractions as well as projects like Al Raha Beach and the new Abu Dhabi World Trade Center.

Most popular

Awards

CW Oman Awards 2020: Meet the winners
A round of the thirteen winning names at the Construction Week Oman Awards 2020 that

Conferences

Leaders UAE 2020: Building a sustainable, 'resilient' infra
AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment
CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this

Latest Issue

Construction Week - Issue 767
Sep 01, 2020