By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Banque Misr to launch green investment fund in 2024
    Banque Misr to launch green investment fund in 2024
    September 23, 2023
    Youssef Boutros-Ghali, the former Egyptian Minister of Finance,
    Former Egyptian Finance Minister Youssef Boutros-Ghali joins Concord International Investment Group
    September 22, 2023
    Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity
    September 22, 2023
    Egypt's Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company
    September 21, 2023
    ABB allocates €13bn for green transformation by 2030
    ABB allocates €13bn for green transformation by 2030
    September 21, 2023
  • Politics
    PoliticsShow More
    Egypt, Greece, and Cyprus stress coordination on gas, regional issues
    Egypt, Greece, and Cyprus stress coordination on gas, regional issues
    September 23, 2023
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
    September 22, 2023
    Egyptian Health Minister highlights country's interest in local drug manufacturing
    Egyptian Health Minister highlights country’s interest in local drug manufacturing
    September 21, 2023
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    Egypt leads meeting to urge global support for Sudan’s humanitarian crisis
    September 20, 2023
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    Egypt and EU co-chair GCTF meeting, reaffirm commitment to fighting terrorism
    September 20, 2023
  • Interviews
    InterviewsShow More
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
    September 18, 2023
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    I love privacy, and I am not concerned about competition: Yasmine Sabry
    September 14, 2023
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt
    September 12, 2023
    India welcomes Egypt's BRICS membership: Boosting trade, investment, and access to strategic commodities
    India welcomes Egypt’s BRICS membership: Boosting trade, investment, and access to strategic commodities
    September 11, 2023
    The box office is not a measure of success: Basma Hassan
    The box office is not a measure of success: Basma
    September 6, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Menassat contracts with SOLID, DETAC to carry out concrete works of Podia Tower project in NAC
Share
Notification
Latest News
Banque Misr to launch green investment fund in 2024
Banque Misr to launch green investment fund in 2024
Business
Egypt, Greece, and Cyprus stress coordination on gas, regional issues
Egypt, Greece, and Cyprus stress coordination on gas, regional issues
Politics Egypt
Nakhla Gift Shop at Grand Egyptian Museum listed as one of world's best by Financial Times
Nakhla Gift Shop at Grand Egyptian Museum listed as one of world’s best by Financial Times
Culture
Youssef Boutros-Ghali, the former Egyptian Minister of Finance,
Former Egyptian Finance Minister Youssef Boutros-Ghali joins Concord International Investment Group
Business
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
CCCPA, African Union train officials on ‘Climate Responsive Programming for Sustaining Peace’
Politics
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Menassat contracts with SOLID, DETAC to carry out concrete works of Podia Tower project in NAC
Business

Menassat contracts with SOLID, DETAC to carry out concrete works of Podia Tower project in NAC

Daily News Egypt
Last updated: 2022/10/10 at 11:31 AM
By Daily News Egypt 3 Min Read
Share
SHARE

Menassat Developments announced on Saturday the signing of a strategic partnership contract with an alliance between SOLID Construction and Dar for Trading and Construction (DETAC) to carry out concrete works for the Podia Tower project at a cost of EGP 650m.

Chairperson of Manasat Developments Ahmed Amin Masoud said that the Podia Tower project — the first of its kind energy-saving medical administrative commercial building. The project is being developed in the New Administrative Capital (NAC) with an investment cost worth approximately EGP 2.5bn and was designed according to the latest modern construction systems. It boasts 25 storeys, in addition to a ground floor and basement consisting of three levels and is due to be fully completed in 2025.

Menassat has concluded several strategic partnerships with specific tasks, including Pinnacle, which has more than 30 years of experience in the field of engineering consultancy and is a design consultant for the project.

It has also contracted with Sabbour Consulting, which will be responsible for supervising the project constructions, as well as EHAF – Consulting Engineers, which will be responsible for managing the Podia Tower project during the design and construction phases.

Moreover, it has contracted with Nile Engineering Consulting Bureau, which is responsible for the work of soil tests, in addition to contracting with Emirati Eltizam Asset Management Group, which will be responsible for managing facilities and assets of the Podia Tower and Eclipse projects.

CEO of Menassat Developments Tarek Bahaa stated that all project drawings were reviewed by the Administrative Capital for Urban Development (ACUD) and a statement of validity was obtained from NAC Authority. Accordingly, Menassat became the first company in the NAC’s Downtown area to obtain a certificate of validity.

“We also reviewed construction, architectural, and electromechanical drawings from the Housing and Building National Research Centre and all approvals were reviewed again by the ACUD. The company is currently working on obtaining a license from the NAC Authority in the coming weeks as well,” Bahaa added.

You Might Also Like

Banque Misr to launch green investment fund in 2024

Former Egyptian Finance Minister Youssef Boutros-Ghali joins Concord International Investment Group

Mountain View Sets New Standards for Life Experiences Built On the Science of Happiness at iCity

Egypt’s Emigration Minister meets with founding board of Egyptians Abroad for Investment Company

ABB allocates €13bn for green transformation by 2030

TAGGED: DETAC, Menassat, solid
Share this Article
Facebook Twitter Email Print
Previous Article CGP opens first civil registration office inside a private residential compound CGP opens first civil registration office inside a private residential compound
Next Article Joint inspection teams work in concord to speed up grain export from Ukraine Joint inspection teams work in concord to speed up grain export from Ukraine
Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Banque Misr to launch green investment fund in 2024
Banque Misr to launch green investment fund in 2024
Business
Egypt, Greece, and Cyprus stress coordination on gas, regional issues
Egypt, Greece, and Cyprus stress coordination on gas, regional issues
Politics Egypt
Nakhla Gift Shop at Grand Egyptian Museum listed as one of world's best by Financial Times
Nakhla Gift Shop at Grand Egyptian Museum listed as one of world’s best by Financial Times
Culture
Youssef Boutros-Ghali, the former Egyptian Minister of Finance,
Former Egyptian Finance Minister Youssef Boutros-Ghali joins Concord International Investment Group
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?