emirates7 - Modon Holding has entered into a strategic partnership with Hassan Allam Holding to explore collaborative opportunities within Egypt's Ras El Hekma project.
The Memorandum of Understanding (MoU) focuses on fostering cooperation in key areas of the construction sector, including infrastructure development, energy solutions, and water and wastewater treatment.
Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, highlighted the significance of the agreement, stating, “This partnership underscores our commitment to fostering collaboration for the Ras El Hekma project, driving growth and diversification, and reinforcing our leadership in setting new industry benchmarks for excellence.”
Hassan Allam, Group CEO of Hassan Allam Holding, expressed pride in the partnership, saying, “Teaming up with Modon allows us to blend our construction expertise with their visionary developments. This collaboration on the Ras El Hekma project will enable the delivery of world-class projects while supporting the region’s urban and economic goals.”
Bill O'Regan, Group CEO of Modon Holding, emphasized the value of the partnership, noting that it builds on existing collaborations for the Ras El Hekma project. He added that the partnership will enhance Modon’s ability to vibrant lifestyle communities, delivering immediate benefits and long-term value for residents and visitors alike.
The collaboration also extends to construction and execution, with Hassan Allam Holding potentially providing comprehensive turnkey solutions. The focus will be on maintaining high standards of safety, quality, and sustainability across Modon’s projects.
The Memorandum of Understanding (MoU) focuses on fostering cooperation in key areas of the construction sector, including infrastructure development, energy solutions, and water and wastewater treatment.
Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, highlighted the significance of the agreement, stating, “This partnership underscores our commitment to fostering collaboration for the Ras El Hekma project, driving growth and diversification, and reinforcing our leadership in setting new industry benchmarks for excellence.”
Hassan Allam, Group CEO of Hassan Allam Holding, expressed pride in the partnership, saying, “Teaming up with Modon allows us to blend our construction expertise with their visionary developments. This collaboration on the Ras El Hekma project will enable the delivery of world-class projects while supporting the region’s urban and economic goals.”
Bill O'Regan, Group CEO of Modon Holding, emphasized the value of the partnership, noting that it builds on existing collaborations for the Ras El Hekma project. He added that the partnership will enhance Modon’s ability to vibrant lifestyle communities, delivering immediate benefits and long-term value for residents and visitors alike.
The collaboration also extends to construction and execution, with Hassan Allam Holding potentially providing comprehensive turnkey solutions. The focus will be on maintaining high standards of safety, quality, and sustainability across Modon’s projects.