Palm Hills Developments, Egypt’s leading real estate developer, on Monday, announced that it awarded the construction works of three buildings spanning an area of 30,000 sqm in its flagship commercial project Palmet in Palm Hills New Cairo to Dorra Contracting, Invest-Gate reports.
The project is part of Palm Hills’ strategy to accelerate the pace of construction and development across its project portfolio. It is also a key milestone for the company in the east side of Cairo.
Commenting on the partnership, Yasseen Mansour, Palm Hills’ Chairman and Group CEO, said: “We are pleased to once again be partnering with a well-established, and proven track record name like Dorra Contracting in our 500-feddan project -Palm Hills New Cairo- which marks a key milestone for PHD in the east side.
“This collaboration is part of our strategy to accelerate the pace of construction and development across all our projects portfolio and highlight our commitment to deliver mature communities to our clients,” Mansour added.
For his part, Mohamed Dorra, vice-chairman of Dorra Contracting, stated that the partnership will mark a new chapter in his company’s relationship with Palm Hills and help the company solidify its position as a leading real estate developer, building on a strong foundation of collaboration.