Abraj Misr has announced that total investments in Egypt are currently worth EGP 7 billion ($788.2 million), with plans to take over the development of government-owned projects, reported Amwal Elghad.

Abraj’s benchmark projects, Florenta, acquires 15% of the total investment capital, according to Aly Rabie, Chairman of Abraj.

The company will also participate in government-owned projects in areas located east of Cairo, west of the North Coast, and in Ras El Hekma, seeking to take part in private-public partnership (PPP) projects.

Abraj Misr has developments in several locations, employing a strategy dubbed as ‘Principles of Value’, which is characterized by green architecture and specialized technology.