FINANCIAL NEWS

Egypt’s Heliopolis Housing invests USD29.6mn in FY 2016/17

13 Jan 2017

(MENAFN) Egypt’s Heliopolis Co. for Housing and Development will pump investments worth USD29.6mn into infrastructure and housing projects in new cities amid 2016-2017.

Accordingly, the firm is implementing utilization works in New Heliopolis City alongside residential projects in Sheraton.

Moreover, the Egyptian official noted that New Heliopolis City seizes lion’s share of recent utilization works amid this year.

The firm signed many deals to execute elect and sanitation plants as well as drinking water treatments units in co-op with contracting firms.
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