Cairo – Mubasher: B.TECH signed a contract with Madinet Nasr Housing and Development (MNHD) to relocate its administrative headquarters to Kinda project in New Cairo’s Taj City. This deal marks the beginning of long-term cooperation plans between two homegrown companies.
The new headquarters extends over a total area of 12,000 square metres and is set to be delivered by the end of 2023, according to a press release on Monday.
Leveraging the unique and strategic location of Kinda in New Cairo, B.TECH opted for Kinda to house the company’s administrative headquarters stemming from its keenness to move its head office to a project that provides housing units and full-fledged services offering employees smooth accessibility to their workplace.
Commenting on the new deal, Chairman and Managing Director of B.TECH, Mahmoud Khattab, said: “This agreement is a testament to B.TECH’s continuous efforts to create a high-quality working environment for our team members who are our success partners and the main reason behind the growth and sustainability of our operations.”
On his part, CEO of MNHD, Abdallah Sallam, commented: “We are proud to collaborate with B.TECH, a leading electronics and home appliances retailer. At MNHD, we have an ambitious strategy to expand our administrative and service projects to strengthen the concept of development in addition to expanding our residential projects that represent the housing side of our operations.”
Established in 1997, B.TECH has grown into one of Egypt’s largest and fastest-growing e-commerce players and the country’s leading omnichannel retailing platform.