New Construction Alliance in Egypt: Modon and Hassan Allam Holding Focus on Sustainability

Modon Holding and Hassan Allam Holding have formed a partnership to work together on large construction projects in Ras El Hekma, Egypt. This collaboration is supported by a recently signed memorandum of understanding. The focus is on the areas of energy, infrastructure, and water and wastewater treatment. The aim of the partnership is to develop resilient and sustainable solutions for energy, water treatment, and telecommunications infrastructure. These are intended to support long-term operational success and contribute to strengthening the Egyptian construction industry. Hassan Allam could support Modon with turnkey construction solutions that meet the highest safety, quality, and sustainability standards. These solutions are designed to optimally meet Modon's project requirements. The Chairman of Modon Holding, Jassem Mohamed Bu Ataba Al Zaabi, emphasized that this agreement is a milestone in the company's expansion journey into Egypt. Hassan Allam, CEO of Hassan Allam Holding, added that the partnership aims at innovative urban and economic developments in the region. Both companies highlight the significance of this cooperation and expect that it will improve the quality of urban life.