Al Ahly Sabbour signs contracts with El Hazek Construction worth EGP 900 mn to implement the construction works of phase I of KEEVA project in the 6th of October within 20 months, in cooperation with the Urban Communities Authority, Invest-Gate reports.
KEEVA project, with EGP 5 bn construction investments, is located on 180 acres in a privileged place in 6th of October City. It overlooks the axis and the southern Dahshur link road, it is two minutes away from the 26th of July Axis, and two minutes away from Juhayna Square.
In this regard, Ahmed Sabbour, chairman & managing director of Al Ahly Sabbour, expresses his pleasure to cooperate with El Hazek Construction, which is a leading Egyptian company that has a broad base of customers thanks to its full commitment and experts. Further, phase I is being built on 50 acres, as about 120,000 sqm of buildings will be developed.
Additionally, KEEVA project is one of the best real estate projects that will make a clear leap in the Egyptian real estate market since its launch. It is also among the most important strategic projects based on the partnership between the public and private sectors in Egypt.
KEEVA is also a model for huge residential projects with its services, integrated facilities, and all elements of entertainment to provide a safe life for residents.
For his part, Mahmoud El Hazek, managing director of El Hazek Construction, states, “It is a great pleasure to cooperate with Al Ahly Sabbour, to develop KEEVA project in the 6th of October.” Moreover, the company is keen on completing the project on the scheduled time.
“Al Ahly Sabbour has a distinct vision in choosing the place, which encourages El Hazek company to contract with it since our primary goal is to provide a different real estate product, that represents the two companies,” El Hazek concludes.