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Reading: Builderia Development signs 3 contracts for construction of flagship PARAGON project at NAC
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Dailynewsegypt > Blog > Business > Real Estate > Builderia Development signs 3 contracts for construction of flagship PARAGON project at NAC
BusinessReal Estate

Builderia Development signs 3 contracts for construction of flagship PARAGON project at NAC

Daily News Egypt
Last updated: 2020/12/23 at 8:19 PM
By Daily News Egypt 2 Min Read
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Builderia Development has announced the signing of three contracts for the construction of its PARAGON project, based in the New Administrative Capital (NAC).
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Builderia Development has announced the signing of three contracts for the construction of its PARAGON project, based in the New Administrative Capital (NAC).

The contracts have been signed with: Schneider Electric, to provide smart-building-management solutions, providing and equipping PARAGON with the latest smart building solutions; Space Consultants, for general project supervision; and ASASS Construction as a General Contractor.

The contracts were signed in the presence of Mohamed Bedeir, CEO of Builderia Development and Ziad El-Hares, Managing Director of Builderia. Also present were: Fouad Zayed, Vice President at Digital Energy, NEA & Levan, Schneider; El Khayam Medhat Dorra, Vice Chairperson at Space Consultants; and Islam Onsy, General Manager at ASASS Construction.

“Builderia works towards a clear strategic vision based on leadership, innovation, and reliability, since day one,” said Bedeir, “We are keen on following this vision in each step at the PARAGON project, as it was achieved in the planning and design phase, and we made sure to incorporate our vision in the selection of the partners who will be executing our project, seeking to uphold to the highest standards of quality and punctuality in implementing our work plan.”

The signing took place as part of Builderia’s progress in the first phase of the project, as a manifestation of the commitment to honour its promises. This seeks to provide the company’s clients with an intelligent administrative building, the first of its type in the local market.

“Today, three leading pioneers join us, each company has a long-standing experience in its field and we hope they will assist us in achieving our vision for PARAGON to the fullest extent,” said El-Hares.

El‑Hares also revealed that last October, Builderia commenced the work on the concrete structure of the building, and had sold 55% of the targeted project sales.

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TAGGED: Buildera Development, Egypt, NAC, New Administrative Capital, Paragon
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Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
Gold prices drop 1% globally due to measure to contain SVB crisis: Gold Bullion
Business
3.388 million tonnes of fodder worth $1.671bn released from ports in last 6 months: Agriculture Minister
3.388 million tonnes of fodder worth $1.671bn released from ports in last 6 months: Agriculture Minister
Business
New salary increase for public employees effective as of 13 April: Finance Minister
New salary increase for public employees effective as of 13 April: Finance Minister
Business
Transitional Committee of COP27 holds 1st meeting on ‘Loss and Damage Fund’ in Luxor
Transitional Committee of COP27 holds 1st meeting on ‘Loss and Damage Fund’ in Luxor
Business
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