Egyptian developer Madinet Masr has taken a significant step in its expansion strategy within the Egyptian real estate market by signing a Memorandum of Understanding (MoU) with Misr Engineering Development Company (MEDCOM). The agreement involves a substantial investment of one billion Egyptian pounds for several projects in Taj City.
Taj City is an expansive project covering an area of 3.5 million square meters, and with this new collaboration, Madinet Masr aims to fulfill the aspirations and needs of its customers. The company has set an ambitious target to deliver the projects within a span of 15 months.
The MoU represents a significant milestone for both Madinet Masr and MEDCOM, as they jointly endeavor to create remarkable developments in the Taj City area, catering to the growing demands and preferences of the Egyptian real estate market. The announcement was made on Monday, signaling a promising future for the collaboration and the overall real estate landscape in Egypt.
