Ismailia development and real estate co
Ismailia Development and Real Estate Company (IDRECO) is a leading real estate development company in Egypt, with a focus on developing residential, commercial, and industrial projects. Here are some key facts about IDRECO:
History: IDRECO was established in 1995 as a subsidiary of the Ismailia Company for Land Reclamation and Development, a government-owned entity. The company's primary objective was to develop and manage real estate projects in the Ismailia Governorate.
Projects: IDRECO has developed several notable projects in Egypt, including:
- Ismailia City: A large-scale residential project located in the heart of Ismailia City, featuring apartments, villas, and commercial units.
- Porto Marina: A luxury residential and commercial project located on the Mediterranean coast, featuring apartments, villas, and a marina.
- Ismailia Industrial Zone: A large industrial zone located in the Ismailia Governorate, featuring plots for industrial and commercial use.
- El-Mahrousa: A residential project located in the heart of Ismailia City, featuring apartments and villas.
Services: IDRECO offers a range of services, including:
- Real estate development: IDRECO develops residential, commercial, and industrial projects, from concept to completion.
- Property management: The company provides property management services, including maintenance, security, and customer service.
- Construction: IDRECO has its own construction arm, which undertakes construction work for its projects.
- Land reclamation: The company is involved in land reclamation and development, including the creation of new land for residential and industrial use.
Awards and recognition: IDRECO has received several awards and recognition for its projects and services, including:
- Best Real Estate Developer in Egypt (2018) - awarded by the Egyptian Real Estate Developers Association.
- Best Residential Project in Egypt (2019) - awarded by the Egyptian Real Estate Developers Association.
Partnerships: IDRECO has partnerships with several international companies, including:
- Orascom Development Holding: A leading real estate developer in Egypt and the Middle East.
- Emaar Properties: A leading real estate developer in the Middle East and North Africa.
Overall, Ismailia Development and Real Estate Company is a well-established and reputable real estate developer in Egypt, with a focus on developing high-quality residential, commercial, and industrial projects.