ISDF Inks Deal Worth EGP 68.5 mn to Develop Slum in Ismailia

Monday, 12th June 2017

The government signs a cooperation agreement with the Informal Settlements Development Fund (ISDF) to develop Ismailia’s Ali Eid slum area at a total cost of EGP 68.5 mn, Invest-Gate reports.

The first phase of the project worth EGP 20 mn includes the establishment of 104-residential unit buildings and 16 commercial units and will be implemented over a period of 14 months, ISDF’s executive manager Khaled Seddik says.

ISDF’s executive manager Seddik has signed the agreement with Ismailia Governor Yassin Taher.

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