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I-CON nears EGP 1.2bn electromechanical contracts with Minka Development

I-CON nears EGP 1.2bn electromechanical contracts with Minka Development
Engineering designs for electromechanical works are being prepared

Cairo - Mubasher: I-CON MEP Engineers, a mechanical, electrical, plumbing (MEP) and home automation building service provider, is close to signing a contract with Minka Development to design and implement electromechanical works for "The Hoft" administrative project in New Cairo and "Kinda" residential compound.

Engineering designs for electromechanical works are currently being prepared and the implementation work will begin after the completion of the contracting procedures, Ahmed Shawky, Chairman of I-CON MEP Smart Solutions, said in a statement on Wednesday. 

The Hoft, being constructed over 3,400 square metres, will feature commercial, residential, and administrative units with an investment cost of EGP 400 million, including EGP 180 million allocated to electromechanical works. 

As for Kinda, the 28-acre project will include 800 housing units as well as administrative buildings in the east Cairo region. The expected operational cost of the electromechanical works in the Kinda project amounts to EGP 1 billion. Works are scheduled for completion in 2022.