Égypte | L’émirati Modon désigné maître d’ouvrage du mégaprojet de Ras El Hekma
📆 ADQ designated Modon Holding as the master developer for Ras El Hekma mega-project in Egypt on October 4, 2024. The project covers 170 million square meters, with Modon leading the first phase of 50 million square meters. Investments are projected to reach $110 billion by 2045, contributing $25 billion annually to GDP, and creating 750,000 jobs. The development will house two million people and include over 40 kilometers of green spaces, aiming to become the region's largest green project. It's strategically located within a four-hour flight for over 400 million potential tourists and plans include an international airport and a high-speed rail connection.
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