CairoHouse signs partnership agreements with the Consolidated Contractors Company (CCC), CHROME Company, and RMC for engineering solutions, Invest-Gate reports.

This partnership aims to start the development and rehabilitation process of Al Tahrir Complex building to transform it into an iconic hospitality destination in the heart of Cairo, with a total investment of more than $200 mn, Invest-Gate reports.

Ayman Soliman, CEO of The Sovereign Fund of Egypt, expresses his confidence in this selection of leading companies as partners for the execution of the Tahrir Complex rehabilitation project.

Soliman confirms that these companies are able to implement the project in accordance with the highest international standards and specifications under the management of CairoHouse.

On his part, Randall Langer, partner and co-founder of Augustus Global Ventures, expresses his pleasure to work with The Sovereign Fund of Egypt on this international landmark and local treasure.

Additionally, Mohamed Tarek Kamel, area managing director, North Africa at the Consolidated Contractors Company (CCC), expresses his pride that CCC was selected as the general contractor for this iconic project.

Kamel explains that CCC has a long history and a track record of successful projects in the Egyptian market for more than 25 years across different sectors.

Ahmed Osman, CEO of CHROME says that being the company selected by the American consortium to manage this project is a testament to the efficiency of Egyptian companies and its ability to offer world-class services.

Being the first of its kind in Egypt and the region, CairoHouse is designed by Chicago-based architect RATIO|smdp. The project will include over 450 luxury lifestyle hotel rooms and serviced apartments, multiple world-class dining and entertainment venues. The project will feature meeting and events spaces, including Cairo’s largest rooftop venue. Further, the project will provide nearly 500 job opportunities.