ArabFinance: Rowad Modern Engineering, a subsidiary of Elsewedy Electric, will cooperate with hydropower project contractor Power China to implement the first phase of the CapitalMed Medical City project in Badr City, Egypt, Al Borsa News reported.

In June 2019, the Badr City Development Authority announced the construction of what is poised to be the largest medical tourism city in the Middle East and Africa, with an investment of EGP 20 billion.

Ora Developers earlier signed two partnership agreements with Redcon Construction and Rowad Modern Engineering for the 165-feddan ZED West.

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