Tuesday, November 28, 2017

Egyptian developer to start work on Tower Bay

Egypt’s real estate company Tower Developments is set to start work on the first phase of its flagship Tower Bay project in Port Said by May next year, said a report.

The first phase, being built at a cost of E£800 million ($45.2 million), will come up over a 45,000-sq-m area, reported Amwal Alghad, citing a senior company official.

“This phase is to encompass about 325 various units,” stated Ahmed Lasheen, the chief executive of Tower Developments.

The company will soon sign construction contracts worth around E£300 million to execute the first phase within the next nine months, he added.

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Links topic: https://www.wegocasablanca.com/2017/11/egyptian-developer-to-start-work-on.html