Modon Awards $200m Contract for Ras El Hekma's First District
Modon Holding awarded a $200m contract for a district of its Ras El Hekma development, AGBI reported in June 2026, as Wadi Yemm becomes the first of the masterplan's 17 precincts to move into delivery.
Contract awards are the moment a masterplan turns into a construction site. For anyone weighing early positions on the new coast, execution milestones like this are the evidence that matters more than renders.
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