ASGC expands overseas portfolio with Egypt projects
UAE-based construction group awarded tenders for Emaar Misr’s Levana and Crescent developments in Cairo
UAE-based construction group ASGC has expanded its overseas portfolio with the announcement of two new project wins in Egypt.
A statement from the company said that it has been chosen as the main contractor for two of Emaar Misr’s upcoming flagship projects: Phase 1 and Phase 2 of the new Uptown Cairo project Levana, and the Crescent project within Cairo’s Mivida development.
“Across our business, ASGC’s growth momentum continues as we expand to new regional markets and affirm our commitment to supporting top regional developers,” said Bishoy Azmy, CEO of 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.”
ASGC’s scope of works in Levana includes the construction of 121 villas and townhouses with a total built up area of around 62,000sqm, complete infrastructure works, landscaping, as well as utilities networks, said the company’s statement, adding that the Cairo Uptown project is the first integrated development in the centre of the Egyptian capital with easy accessibility from Cairo’s neighbourhoods.
ASGC has also started working on the Crescent development at Mividia, which entails the construction of 13 fully-finished apartment buildings, in addition to private gardens, landscaping and infrastructure, the company said. Mividia by Emaar Misr is located in New Cairo and is a 3.8 million sqm development, 20 minutes away from Cairo International Airport. It will have 5,000 homes designed by international architects.
