Shortlisted contractors are still waiting for the UAE’s Majid al-Futtaim Group (MAF) to award the contract to build its estimated $770m Mall of Egypt development at 6 October City outside Cairo.
Negotiations have been ongoing with three groups since the beginning of this year. Last year, MAF MAF shortlisted the joint venture of the UAE’s Arabtec Construction and Industrial Construction & Engineering Company (Siac); the joint venture of Athens-based Consolidated Contractors Company (CCC) and the local Hassan Allam Sons; and the local Orascom Construction Industries with Belgium’s Six Construct.
The Mall of Egypt will cover a total area of 160,000 square metres and is scheduled to contain 350 shops when completed. One of the main attractions of the proposed mall will be an indoor ski slope, similar to the Ski Dubai component in Dubai’s Mall of the Emirates, another MAF development.
In addition to the indoor ski facility, the mall will contain a 17-screen cinema complex, food court and other leisure amenities. The UK-based architecture firm RTKL is designing the shopping development.