Egypt’s MEDCOM to deliver 211 units for SODIC and Palm Hills in 2018

Egypt’s Misr Engineering Development Company (MEDCOM) says it plans to deliver some residential flagships in favour of SODIC and Palm Hills Development by next year.

Moataz Mahmoud, MEDCOM’s chairman, said Tuesday that his company is currently implementing 193 villas in SODIC’s Villette Compound project in Fifth Settlement district in New Cairo.

MEDCOM prepares to complete the construction works of SODIC Villette within the two next months,” Mahmoud stated, adding this flagship will be delivered within early-2018.

MEDCOM is also executing18 additional residential buildings in New Cairo for Palm Hills Development.

“The accomplishment rates have exceeded 60 percent,” Mahmoud said, noting that MEDCOM will hand over the buildings within next January.

The two projects will be handed over at total costs worth 350 million Egyptian pounds ($19.8 million). They are to include 211 housing units and villas at different spaces.