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Posted on: 19th June, 2022 | By Rawan Elgabry SED

Saudi Egyptian Developers signs a 420-million-pounds contract with Redcon Construction to implement the establishment of Bleu Vert, one of SED’s hugest Real Estate projects, located in the center of the New Administrative Capital, directly on the Bin Zayed Axis. The project is situated within minutes from the following destinations: the Opera, Business and Finance district, and the Ministries district. Moreover, the investment cost it took to implement this project is EGP 4 billion. Consequently, the signing ceremony took place at SED’s headquarters in the Fifth Settlement, hosted by Eng. Mohamed El-Taher, CEO of SED, while honouring Eng. Tarek El-Gammal, Chairman of the board of directors of Redcon Group.