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Company has purchased 5-feddan plot in Sohag governorate, to construct international school.
Company plans to direct investments worth EGP 30m into project
Country’s law explicitly stipulates specific period of six months for resolution to all violations, says Mostafa Madbouly
Group demonstrates resilience in Q2 of 2020, despite challenges of coronavirus, says CEO Bishai
Project is set to boost socio-economic development in Kasumbalesa and surrounding areas
Building residents were provided EGP 30,000 each to cover temporary residence until their return
During a site visit to SODIC East, Sherif said, “Since breaking ground in 2018, SODIC has awarded over EGP 1.2bn in construction contracts
Facilities include extending construction period for additional three months without penalties
Event will come as Dubai is expected to enter exciting new growth phase
Construction to be completed in three years, first phase units to be delivered by 2023
Project has seen rapid progress, with several leading construction companies involved in bidding
Launch of project is good news for Abu Qir Fertilizers
The precautionary measures have been put aside in the case of the construction industry to ensure projects with a national interest currently under development are completed quickly.
Companies which want to continue, or halt operating have to commit to state preventive measures, the PM said
Moreover, contractors have thousands of labourers who need to work to secure appropriate income and it would be the companies’ responsibility to pay them regularly even if they were forced to reduce working hours or days.
Donations reached EGP 1.28bn, national authorities provide annual support of EGP 130m
20% of the total cost of implementing a housing compound project in the beach area of New Alamein City
El Attal expected to achieve a large rate of sales for the Park Lane project, especially with the government administrative district being so close to them, which will garner great demand for investments.
Project to be implemented in three phases over two years, says Alexandria Governor
He explained that modern man does not need large congested buildings as much as he needs comfort and attention to spaces between buildings and provided services.
SODIC had broken ground last year following the successful launch and selling out of EGP 2bn worth of single-family homes in SODIC East, which has launched its next phases, now under construction, and is progressing ahead of schedule on track for delivery starting November 2021.
The company is still preparing the joint wind measurement campaign, along with other shortlisted bidders for the 250 MW West Nile wind tender
World Habitat day was approved by the United Nations General Assembly for the first Monday of October annually, aiming to provide access to adequate shelter as a basic human right. The day also serves as a reminder of the world’s responsibility to shape the future.
Three companies, including Belectric, NARI Group Corporation, and Vikram Solar, technically qualified and two companies were excluded, one for technical reasons and the other withdrew.
El Sayed said that the first phase of the project spans over 4 feddan and comprises of approximately 550 units with varying spaces ranging from 50 to 110 sqm, in addition to an entertainment area and swimming pools.
Project will be self-financed by EGP 3.4bn from the company’s liquidity and sales of residential units
Company has marketed 90% of Serrano within eight months, says chairperson
Company mulls new development project in September
The company also has three other shopping centres in the NAC, including La Capitale, Champ Elysees, and Grand Square malls.
During the company’s press conference on Wednesday, Amr El Kady, CEO of City Edge said that the first contract was signed with ASGC Group for EGP1.4bn for the Etapa Square project except for the hotel part of the project, which is being implemented until 2022.