Home Money SODIC awards EGP 1.2bn construction contracts in SODIC East with 15 Contractors onsite

SODIC awards EGP 1.2bn construction contracts in SODIC East with 15 Contractors onsite

by Maha Essam
SODIC

SODIC has awarded over 1.2 billion Egyptian pounds in construction contracts since breaking ground in 2018 in SODIC East, the leading real estate developer’s largest project in East Cairo; in addition, there are 15 contractors and over 2500 workers on site, according to SODIC’s Managing Director Magued Sherif.

All launched parcels are well underway with construction on schedule for delivery to start in 2021.

Over 65% of the 776 single family homes under construction have completed concrete skeletons and exterior finishes have begun in the earlier phases.

Infrastructure work is underway starting with the project’s main roads as well as the foundations for water, sewage and electric connections.

Spanning 655 acres and master-planned by renowned Massachusetts based Sasaki, SODIC East is a comprehensive integrated mixed-use development with over 84% open and green spaces.

In addition to its planned schools and commercial and entertainment components, SODIC East boasts a six acre park destined to be the first camping site of its size in Egypt, adjacent to a 41 acre sports club to be managed by Club S, SODIC’s own dedicated sports platform.

“SODIC East is planned to be the twin city of SODIC West – a gateway to a modern progressive lifestyle within a contemporary meticulously planned city. At its early development stages SODIC East is a great opportunity for early adopters and a perfect alternative for New Cairo which the younger generation of quality lifestyle seekers have been priced out from” added Sherif

Developed through partnership with Heliopolis Company for Housing and Development, SODIC East is ideally located between two strategic highways – Suez & Ismailia Desert Roads – and is a mere ten minute drive from New Cairo and the New Administrative Capital via the newly developed and upgraded network of roads.

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