FINANCIAL NEWS

Egypt Tabarak Holding assigns USD 1.52mn for projects’

04 Feb 2016

(MENAFN) Construction Co. Tabarak Holding allocated USD 1.52mn for the conservation of its six projects, which started through the second half of 2015.

Moreover, the firm spent almost USD 1.01mn and is predicted to complete the maintenance work by mid of this current year, and is planning to increase investments of USD 0.25bn.

Additionally, the Co. targets the delivery of 600 housing units amid its different projects by the end of this year compared to the delivery of 400 units by the end of 2015.

The firm plans to attain of contract sales value USD 0.25bn by Sep 2016, while last year the company invested some USD 0.63bn to implement many stages of its projects.

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