The long-term vision for the industrial zone includes establishing a sustainable industrial base that creates jobs and significantly contributes to Egypt's GDP.

Strong connectivity to major transportation routes will enhance supply chains as the development progresses, strategically located south of the Alexandria-Matrouh Highway.

Upon completion, the entire Ras El Hekma project will span 170.8 million square meters and accommodate up to two million residents, promoting smart and sustainable urban living.

Modon was appointed as the master developer for Ras El Hekma in 2024, underscoring its commitment to international expansion beyond the UAE.

Several companies, including Elsewedy Electric and RAK Ceramics, have signed Memorandums of Understanding to collaborate on construction materials and potential factory development within the new zone.

Modon Holding and Elsewedy Industrial Development have signed a letter of intent to develop a new industrial zone at Ras El Hekma, Egypt, which is expected to generate over 20,000 new jobs over the next decade.

Covering an area of 10 million square meters, the industrial zone will focus on attracting investors for building materials, ensuring cost-effective construction with sustainable materials.

This initiative is part of a broader vision for Ras El Hekma, which is poised to become a major trade and manufacturing hub, expanding into key export markets like Libya and Europe.

The partnership between Modon and Elsewedy aims to attract leading Egyptian companies as anchor partners and investors to drive industrial growth and innovation.