A New Investment Alliance with 32 Years of Experience: SAMCO and Segment Join Forces to Launch a Real Estate Powerhouse with Investments Exceeding EGP 20 Billion

In a strategic move aimed at reshaping Egypt’s real estate development landscape, SAMCO (Engineering Company for Trading and Contracting), established in 1993, and Segment for Investment and Real Estate Development, established in 2013, have announced the formation of a new joint investment alliance under the name SEGMENTS 4 Development. The new entity targets total investments exceeding EGP 20 billion over the years 2025 and 2026.

A Unified Vision with Over Three Decades of Expertise… Eng. Abdelrahman AbdelGawad, Chairman and Founder of SEGMENTS 4 Development, stated that the new entity brings together more than 32 years of executional expertise in construction and infrastructure with a modern development vision aligned with the evolving dynamics of Egypt’s real estate market. The alliance aims to offer a diverse range of real estate products, including residential, commercial, administrative, medical, and hospitality units.

Led by Experienced Professionals… The new entity will be led by Eng. Abdelrahman AbdelGawad, Founder of SAMCO, and Eng. Yasser Raslan, Founder of Segment, in a strategic partnership designed to deliver an integrated model for urban development. The alliance plans to develop a prime land portfolio in strategic locations, particularly in West Cairo.

Ambitious Growth and Upcoming Projects… Eng. Yasser Raslan, Executive Chairman and Founder of SEGMENTS 4 Development, revealed that two flagship projects are set to launch in 2025, followed by a series of integrated developments in 2026, including ready-to-deliver units upon completion. The new entity will leverage a combination of executional efficiency and developmental expertise to ensure the highest standards of quality and sustainability at every stage of its projects.

A Legacy of Achievement… Eng. Abdelrahman AbdelGawad highlighted SAMCO’s rich 32-year track record in contracting and real estate development. The company has been a key contributor to major national projects in collaboration with several governmental entities, including the Armed Forces Engineering Authority, Ministry of Health, General Authority for Educational Buildings, Ministry of Local Development, and Ministry of Military Production. Among its achievements are:

Over 150 schools, 50 post offices, 17 healthcare units, Water desalination plants, Sanitation networks, Infrastructure and road paving projects.

SAMCO has also developed around 100 residential towers in various locations including Katameya, Maadi, 10th of Ramadan, Hadayek Al Ahram, and 6th of October. Additionally, it has been active in the education sector through Diamond Language School since 2007.

On his part, Eng. Yasser Raslan detailed Segment’s accomplishments, including the development of 36 premium residential buildings in Sheikh Zayed and 6th of October. The company also owns “Square Health”, the largest private hospital in the area with a capacity of 120 beds, which is scheduled to commence operations soon. Other projects include a 44,000 sqm strip mall in North Expansions near Mall of Arabia, and a 25-acre integrated urban development in New Beni Suef City.

A Future-Forward Entity… Eng. Yasser Raslan emphasized that SEGMENTS 4 Development represents a strategic integration of SAMCO’s robust construction and execution capabilities with Segment’s modern developmental expertise. This synergy creates a powerful entity well-positioned to compete in Egypt’s real estate market by delivering high-quality, sustainable developments.

Looking Ahead… Mr. Abdelrahman Ashraf, Chief Commercial Officer, added that the company’s first project will be officially announced soon, as part of a broader expansion plan to develop comprehensive projects that meet the aspirations of the Egyptian market and align with future demands.