Madinet Masr has held a ceremony to celebrate its successful partnerships with third-party suppliers, marking the achievement of a total monetary value of EGP 7 bn throughout 2023, Invest-Gate reports.

The partnerships encompassed various sectors, including construction, infrastructure, landscape, and consultancy services, with EGP 5.3 bn allocated to construction, EGP 1.35 bn to infrastructure, EGP 250 mn to landscape, and EGP 100 mn to consultancy services.

The ceremony served as a token of appreciation for the collaborative efforts and positive contributions of all companies involved in helping Madinet Masr realize its ambitious expansion plan. The company aims to meet the diverse needs of its customers while adhering to the highest quality and sustainability standards.

Representatives from 73 companies that are success partners of Madinet Masr attended the ceremony. These companies operate in various fields such as contracting, engineering, telecommunications, construction, and facilities.

Some of the notable attendees included the Arab Organization for Industrialization, Telecom Egypt, El Hazek, ASEC, Sadek Elsewedy, Medcom, Madkour, Cemex, Giza Cable Industries, Ali Tawfik Group, A-One Trading & Contracting, Gila, Pink Group, Electro Home, El Motaheda Co. For Aluminum Trade, Al Safwa Co. for Aluminum Works, and more.

Abdallah Sallam, President and CEO of Madinet Masr, expressed pride in the joint success achieved with the company’s partners. He emphasized Madinet Masr’s commitment to establishing partnerships with prominent suppliers that share aligned strategic objectives and employ the latest technological solutions in line with the evolving real estate landscape in Egypt.