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ASGC scoops two contract awards for Emaar projects in Egypt

ASGC has been chosen as the main contractor for Emaar Misr’s Levana and Crescent projects, both to be developed in Egypt’s capital city of Cairo

Emaar Misr's Levana project will have a total built-up area of around 62,000 square metres.
Emaar Misr's Levana project will have a total built-up area of around 62,000 square metres.

UAE-headquartered construction firm, ASGC, has announced the expansion of its overseas portfolio, having won two new projects in Cairo.

In a statement, ASGC revealed that it has been chosen as the main contractor for Emaar Misr’s Levana and Crescent projects, both to be developed in Egypt’s capital city.

Emaar Misr is a fully owned subsidiary of Dubai's Emaar Properties.

Commenting on the company’s two contract awards, Bishoy Azmy, chief executive officer of ASGC, said: “Across our business, ASGC’s growth momentum continues as we expand to new regional markets and affirm our commitment to supporting top regional developers.

Read: Five minutes with Bishoy Azmy, ASGC

“We are proud to have been selected by Emaar Misr to deliver these exciting projects, and we look forward to applying our expertise, which spans over 30 years, in contributing to Egypt’s urban progress.”

Under the terms of the Levana contract, ASGC will undertake the construction of 121 villas and townhouses, and the implementation of the project’s complete infrastructure works, landscaping, and utilities networks.

The first integrated development in the centre of Cairo, Levana will have a total built-up area of around 62,000m2, with ASGC’s contract covering Phase 1 and 2 of the development.

Read: GCC hospitality sector to produce more mixed-use projects, says ASGC

Meanwhile, the company’s scope of work for Crescent project, which is part of Emaar Misr’s Mividia development, covers the construction of 13 fully finished apartment buildings, in addition to private gardens and landscaping, and infrastructure, among other components.

According to ASGC, Mividia is just 20 minutes away from Cairo International Airport, spans 3.8 million square metres, and will feature 5,000 homes designed by international architects.

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Construction Week - Issue 751
Oct 13, 2019