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FINANCIAL NEWS
Damietta Furniture Phase I to cost USD62.7mn
21 Nov 2016
(MENAFN) The Damietta Furniture City Co. approved the estimate cost of the first phase of Damietta Furniture City project.
Moreover, the phase is planned to be installed with cost estimated at USD62.7mn and the firm also approved the prices offer submitted by Armed Forces Authority.
In addition, it also endorsed the deal signed by the firm and Banque Misr on offering 1.5bn pounds.
The Damietta Furniture City Project is the cornerstone of enhancing Egyptian furniture exports and offering more foreign currencies.
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