FINANCIAL NEWS

Egypt launches USD25b PPP real estate bids

05 Aug 2016

(MENAFN) Egypt is set to invite number of real estate developers to compete in a new phase of USD25 billion public-private partnership (PPP) projects.

The offered partnership projects seek to develop eight plots of land with a total area of 2,855 feddans in four new cities.

The real estate firms that have been shortlisted for the bid are SODIC, Palm Hills for Development, Mountain View, Emaar Misr, Al Ahly for Real Estate Development.

And also, Wadi Degla Developments, Zizinia- ARDIC, Qatari Diar, City Stars for Real Estate Development, Futtaim Group, Porto Holding, and North Africa for Real Estate Development.

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