Misr Italia Properties, a leading real estate developer, has announced a strategic partnership with Arabtec and El Amar to accelerate construction works at Solare Ras El Hekma, the flagship coastal destination redefining contemporary living in Egypt’s North Coast, Invest-Gate reports.
The first milestone under the agreement focuses on construction within the “Cielo” phase, which includes 76 townhouses across a built-up area of 13,254 sqm. The scope covers concrete structures, exterior finishing, and the project’s main gate. The contract falls within Cielo’s total investment of EGP 1.2bn and contributes to the comprehensive EGP 30bn investment plan for the entire Solare Ras El Hekma development—reinforcing Misr Italia Properties’ commitment to maintaining steady execution and top-tier quality standards.
Eng. Mohamed Khaled El Assal, CEO and Managing Director of Misr Italia Properties, said: “This strategic partnership represents a fundamental pillar in achieving our vision for the Solare Ras El Hekma project. We reaffirm our commitment to accelerating construction works and maintaining continuous execution momentum, while ensuring the highest quality standards. This commitment is essential to position ‘Solare’ not only as a residential community, but as an integrated global destination for hospitality and investment—transforming our customers’ investments into tangible added value.”
For his part, Mr. Abdulrahman Ismail, Managing Director of Arabtec, stated: “Our participation in implementing the ‘Cielo’ phase of the Solare Ras El Hekma project reflects the market’s confidence in Arabtec’s engineering capabilities. We are proud to contribute to realizing Misr Italia Properties’ vision of establishing Solare as a leading hospitality and investment destination on the North Coast, by adhering to the highest global quality standards.”
Eng. Ahmed Mohamed Basha, CEO of El Amar, added: “At El Amar, we place the utmost importance on ensuring efficiency and precision at all stages of implementation. Collaborating with a major company such as Misr Italia Properties represents an opportunity to leverage our construction expertise to maintain strong execution momentum, ensuring the delivery of units with the highest quality and within the specified timelines.”
Located in one of the North Coast’s most scenic areas, Solare Ras El Hekma combines modern architectural design with natural landscapes. The development includes upscale residential communities such as Cielo, Hilltop, and Oasis Olive, and features a fully integrated hospitality offering that includes two international hotels. Designed to deliver a sustainable coastal lifestyle, the project blends luxury, comfort, and premium services.
Spanning 386 acres, Solare boasts a one-kilometer sandy beach and a three-kilometer waterfront. It is built across seven terraced levels reaching 36 meters above sea level. The masterplan includes over 100,000 sqm of lagoons and an additional 30,000 sqm of private water features, with 82% of units enjoying direct water views.