Mountain View for Development and Real Estate Investment has partnered with Consolidated Contractors Company (CCC) to complete the final construction phase of its iCity New Cairo project, Invest-Gate reports.

The collaboration, valued at EGP 2.5 bn, covers the construction of 19 buildings and forms part of the EGP 10 bn allocated to accelerate progress and ensure top-tier quality standards across the project.

This partnership aligns with Mountain View’s 2024 strategic vision, which includes a total investment of EGP 14.6 bn across its developments. EGP 6 bn is dedicated to iCity projects in New Cairo and October. By collaborating with leading international contractors, Mountain View aims to ensure timely completion and adherence to global quality benchmarks.

“Mountain View is committed to significant advancements in construction in both East and West Cairo, creating integrated urban communities that reflect the principles of the Science of Happiness,” said Wael Ezz, Partner and Co-CEO of Mountain View. “We remain dedicated to delivering units on schedule and upholding our client agreements.”

Mohamed Tarek, CCC’s Area Managing Director for Africa, expressed enthusiasm for the collaboration. “We are proud to partner with Mountain View on the iCity project, a company recognized for its exceptional expertise in real estate development. We look forward to this partnership serving as a foundation for a long-term collaboration across various stages,” he stated.

This partnership emphasizes Mountain View’s focus on timely delivery, innovation, and sustainable urban development.