Egypts Housing Cooperative for Employees at Hotels & Tourist Villages in Hurghada has issued a tender for the construction of a residential compound in Al-Ahyaa District in Hurghada.
The scope of work entails integrated works for the construction of 2,453 single-storey housing units on blocks 45, 47, 48, 49, 50 and 51.
Bidders need to be classified by the Contractors Federation not less than grade 1 for integrated works. The deadline for bids is 18 December, while the bid bond is £E2.5m ($367,870).
The announcement is the latest in a slew of new tenders floated for residential projects in the country. Earlier this week, Egypts General Authority for New Urban Societies issued five tenders for the construction of 51 residential buildings as part of a social housing project in New Minya City.
A total of 1,224 housing units will be built in the city as part of the development. The closing dates for the tenders are 22, 23, 24, 25 and 26 December.
In late October, Egypts Housing Cooperative Society for Employees at the Customs Authority floated a tender for the construction of 14 residential buildings under the first phase of a project in the eighth district of New Borg el-Arab city.
Earlier in the month, a total of six tenders were issued for construction projects in two residential communities.
In September, the Housing Cooperative Society for the staff of Cairo University issued a tender for a residential project at the northern extension of 6 October City comprising 28 residential buildings, a fence, a mosque and related infrastructure, including roads, water, wastewater, electricity and landscaping.