FINANCIAL NEWS

Egypt’s CGP to ink construction deals worth EGP1bn

24 Jan 2017

(MENAFN) Capital Group Properties (CGP) real estate development firm aims to sing construction deals amid the Jan- April period of this year at EGP1bn.

In addition, the deal aims to implement units amid the first phase of the Borooj project, while the firm is considering large tracts of land development in coastal areas.

Accordingly, the company plans to ink three tender deals for installing units amid the first phase of the Borooj project, while the value of deals increased to EGP1.3bn.

The project is constructed on an area of 1.212 acres, in the area between Suez and Ismailia desert roads.
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