Modon Holding: From Emirati Vision to Ras El Hekma Reality

When international developers shape Egypt’s future coastal cities, Modon Holding—a powerhouse from Abu Dhabi—takes center stage. Their master-planned approach brings Emirati urban vision to Egypt, turning the Ras El Hekma peninsula into the Mediterranean’s next flagship destination. Who is Modon Holding? Modon Holding PSC is an Abu Dhabi–based development company backed by sovereign investors such as ADQ and IHC. Their expertise spans: - Integrated community development - Hospitality and tourism projects - Industrial and logistics infrastructure Appointed in October 2024, Modon became the master developer for Ras El Hekma, marking a historic expansion beyond the UAE Ras El Hekma: A Waterfront Transformation Located about 350 km northwest of Cairo, Ras El Hekma is a 170 million sqm development site where Modon will: - Lead Phase 1 covering 50 million sqm - Oversee remaining 120 million sqm in partnership with Egyptian & global developers Highlights: - Population goal: ~2 million residents - Green spines: 40+ km of landscaped corridors - Economic scale: $110 billion investment by 2045, creating ~750,000 jobs - Tourism infrastructure: airport, marina, rail links, and high-end resorts Strategic Partnerships Driving Growth Modon has proactively engaged top-tier partners to bolster Ras El Hekma’s development: - Orascom Construction – lead Phase 1 contractor - Elsewedy Industrial Development – co-building a 10 M sqm industrial zone for construction materials - Abu Dhabi Airports, TAQA, Accor, Burjeel, Montage, Valderrama, & Egypt – Infrastructure, hospitality, healthcare, golf, and smart-city tech These collaborations ensure comprehensive facilities for future residents, tourists, and businesses. Why Ras El Hekma Matters for Egypt This project serves strategic national goals and long-term economic impact: - Economic boost: Adds ~$25 billion/year to Egypt’s GDP by 2045 - Job creation: ~750,000 roles across construction, industry, tourism - Tourism hub: Located within a 4-hour flight radius from 400+ million travelers Ras El Hekma complements Egypt’s Vision 2030 by easing Cairo’s density and enhancing coastal development. What Buyers & Investors Should Know For those seeking new opportunities on the North Coast, Modon’s Ras El Hekma offers: - Master-planned living in a smart, sustainable, and green coastal city - Diverse real estate options: beachfront homes, resort units, commercial zones - Long-term ROI potential thanks to economic scale and tourism draw - Global standards backed by international partners and robust infrastructure Modon Holding is more than a developer—it’s a visionary partner bringing global urban planning expertise from Abu Dhabi to Egypt’s North Coast. With strategic backing, ambitious planning, and quality partnerships, Ras El Hekma is shaping up to be Egypt’s next coastal crown jewel. Explore fresh listings and investment insights from this mega project on Elbayt.com — your gateway to Egypt's evolving real estate frontier.