Several Hypermarkets to be Implemented in New Cities

Wednesday, 14th December 2016

New Urban Communities Authority (NUCA) is expected to launch a number of hypermarkets branches across Sadat City and Borg El Arab City, reported Invest-Gate.

Following Minister of Housing, Utilities, and New Urban Communities Mostafa Madbouly emphasizing the importance of launching of major commercial chains in the new cities in Upper Egypt, NUCA is expected to implement a number of hypermarket branches across Sadat City and Borg El Arab City.

According to Madbouly, such initiatives offer commodities to citizens at a reasonable price, develop the new cities at a faster pace, as well as provide the cities with a number of entertainment amenities.

Following the approval of Hypermarkets’ management, Madbouly will assign contractors to develop around 10 to 20 hypermarkets approximately within a year.

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