Business Today Egypt | October – November 2023, Special Edition

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Palm Hills Developments awards Dorra Contracting the construction
works of three commercial buildings in Palmet New Cairo.
Palm Hills Developments (“PHD” or “the Company”)
announces that Dorra Contracting has been awarded the
construction works of a total of three buildings spanning an
area of c. 30,000 sqm in the company East Cairo’s flagship
commercial project Palmet in Palm Hills New Cairo.
Spanning a massive 100 acres, Palmet New Cairo is an
extraordinary mixed-use destination in New Cairo. Boasting
an array of offerings that will captivate and inspire, Palmet
New Cairo presents an unparalleled range of possibilities.
From the prestigious Admin Park and Headquarter Building
to the vibrant Retail Center, luxurious 5-Star Hotel, and
exquisite Serviced Apartments, Palmet New Cairo offers a
diverse selection of amenities.
Admin Park encompasses eight mixed-use commercial
buildings, creating an architectural marvel that spans a total
sellable built-up area (BUA) of 105,000 sqm. This expansive
environment fosters growth, innovation, and success for
businesses.
Commenting on this partnership, Yasseen Mansour, PHD’s
Chairman & Group CEO, said: “We are pleased to once again
be partnering with well-established, and proven track record
name like Dorra Contracting in our 500-feddan project
-Palm Hills New Cairo- which marks 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”.
Mohamed Dorra, vice-chairman of Dorra Contracting,
commented stating “this agreement will open a new page
in our shared history with PHD and enable the company
to further strengthen its position as a leading real estate
developer, capitalizing on our long-standing relationship.
I am delighted with our partnership with PHD, whose
expertise and dedication have been instrumental in bringing
all its projects to life and we look forward to offering an
exceptional admin park to PHD’s clients”.
Palm Hills New Cairo, spanning 500 acres, is Palm Hills
Developments’ flagship project in East Cairo, developed in
partnership with the New Urban Communities Authority.
The project stands out with its unique universal design,
featuring residential units elevated at a high land altitude of
330m above sea level, providing breathtaking views of natural
landscapes. The project is developed by Chapman Taylor, a
globally recognized practice of award-winning architects,
master planners, and interior designers. Chapman Taylor
has received over 300 design awards worldwide and has
successfully delivered more than 3,000 major projects across
five continents and over 100 countries.
The project encompasses approximately 4,500 units of
various types, including residential apartments of different
sizes, townhouses, twin houses, and standalone villas.
Strategically located near multiple axes and key highways, it
is situated across the Middle Ring Road near 90th Street, a
mere 10-minute drive from the New Administrative Capital
and 15 minutes from the American University in Cairo (AUC).
Since its launch, the project has generated significant sales
in East Cairo.
60 November 2023
www.BusinessTodayEgypt.com