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Egypt Procurement News Notice - 98718


Procurement News Notice

PNN 98718
Work Detail K–12 international school will be developed with an investment of over $26 million. Uptown 6 October for Investment and Educational Development, a subsidiary of Uptown 6 October Group, has signed a strategic partnership with Global School Management (GSM) to develop a premium international K–12 school in West Cairo. The school, scheduled to open in 2027 within the Uptown 6 October development, will be built on a 14,322 square metre site with a total built-up area of 20,000 sqm. It will accommodate up to 1,680 students across 70 technology-equipped classrooms. The total investment for the project exceeds 1.3 billion ($26 million). GSM, backed by the Saudi investment firm Safanad, operates more than 165 schools and academies globally, and together, are investing $200 million to acquire, build, and grow educational assets and expand their network of schools across the region. (1 US Dollar = 50.15 Egyptian Pounds)
Country Egypt , Northern Africa
Industry Construction
Entry Date 17 May 2025
Source https://www.zawya.com/en/projects/construction/egypts-uptown-6-october-gsm-partner-for-26mln-international-school-in-west-cairo-ny51lgkf

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