Misr Italia Properties and ASASS Construction sign a new partnership agreement

• As a part of the company’s building system of EGP 2 billion
• The partnership aims at accelerating the shipping and delivery of substantial-top quality jobs and assembly customers’ necessities while adhering to supply schedules.

Cairo, Egypt – Misr Italia Attributes (MIP), a major Egyptian serious estate developer, introduced its collaboration with ASASS Development, one of the most significant construction businesses in Egypt, to make certain offering the new phases of IL BOSCO New Money and IL BOSCO Town New Cairo initiatives according to the agreed-on contractual shipping and delivery dates. This is in line with MIP’s approach to collaborate with trustworthy partners to make sure the greatest stages of excellent across its tasks.

The announcement of this strategic partnership came for the duration of a signing ceremony in the existence of Eng. Mohamed Hani El-Assal, CEO and Handling Director of Misr Italia Homes Eng. Mohamed Khaled El-Assal, CEO and Managing Director of Misr Italia Attributes Eng. Ziad El-Hares Running Director of ASASS Design and Eng. Islam Onsy Standard Manager of ASASS Design. Under the scope of the partnership, ASASS will be dependable for the construction perform of phase 1 of IL BOSCO Town, New Cairo as nicely as the structures of section 1, and the villas of phases two & a few of IL BOSCO, New Cash.

Mohamed Hany El Assal, CEO and Handling Director of MIP commented on the new partnership saying, “Our partnership with ASASS Construction will come in line with Misr Italia’s approach to join forces with major credible entities that can switch the types of its various tasks into a tangible fact, hence conference customers’ requirements and aspirations best high quality and according to world criteria. All the when, abiding by the delivery schedules declared by the firm, stemming from our keenness on expediting implementation premiums and adhering to the agreed upon shipping and delivery dates.”

Typical Supervisor of ASASS Development, Eng. Islam Onsy, mentioned that the partnership with Misr Italia Properties is viewed as a newly additional accomplishment for ASASS’ accomplishments in the construction field. Particularly, Misr Italia Attributes is a person of the most prestigious major providers in the real estate enhancement subject in Egypt and it repeatedly seeks a superior amount of service high-quality that is provided to its purchasers in several jobs. Eng. Islam also pointed out that Misr Italia was in a position to demonstrate its fiscal, specialized, and human capabilities that have built a valuable addition and a major diversity in the Egyptian serious estate sector

Misr Italia Attributes has manufactured significant efforts to successfully finish 100% of the initial phase villas in IL Bosco project in the Administrative Capital ahead of the agreed upon day. The firm has also accomplished 80% of the 2nd phase villas, in addition to completing 77% of the concrete is effective in the to start with period, and a lot more than 50% of the concrete is effective in the next and third phases of the properties in the same job, that is developed by Callison RKTL and DMA to guarantee maximum convenience in a healthy setting with special notice to outdoor spots and greenery.

Located in the heart of New Cairo, IL Bosco Metropolis also witnesses substantial progress with the commencement of the soil procedure and foundation is effective for the initially section of the undertaking in which MIP programs to invest EGP 800 million this yr, reinforcing the promise of on-time delivery in 2024. As a result of this project, MIP aims to present greater top quality of life for its prospects, by collaborating with Callison RTKL and DMA to put into practice the task patterns, and renown Italian architect, Stefano Boeri, for landscape design and style and utilization of inexperienced and open up spaces, in addition to the 15-minute town idea, which provides all lifetime requirements inside of highest proximity of 15 minutes to the city’s citizens

It is truly worth mentioning that Misr Italia Attributes is always keen on collaborating with the greatest specialized entities in their fields, from contracting and job administration to sensible and technological solutions, with the aim of offering built-in good towns throughout the company’s diversified portfolio.

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About Misr Italia Homes:

Misr Italia Keeping has been at the vanguard of building Egypt’s major genuine estate sector for several years. It is recognised for furnishing paramount initiatives for residential, professional, coastal, and hospitality attributes throughout Egypt. The company’s land financial institution stretches throughout Egypt with 11 residential assignments, 9 professional assignments, 5 luxurious resorts and 6,000 sent models. Flagship assignments incorporate IL BOSCO, VINCI & VINCI Street in the New Administrative Capital, IL BOSCO Metropolis La Nuova Vista, Backyard 8, Cairo Small business Park and Hilton Back garden Inn in New Cairo, Kai Sokhna.

About ASASS Development Enterprise:

ASASS was set up in 2011 as a Typical Contracting Enterprise centered on turnkey assignments in many sectors from residential to administration and professional. ASASS has a proven thriving document of accomplishments in Egypt and GCC with enlargement designs throughout Africa. Capitalizing on their knowledgeable project administration crew, they are able to defeat the market place benchmarks in each delivery time and high-quality regulate.