SODIC plans to compete for the development of 410 acres of land located in Sheikh Zayed, part of the second phase of projects offered by the New Urban Communities Authority (NUCA), reported Al Borsa.

The company is currently waiting for NUCA to offer tenders for the new lands that are expected to be developed, according to Magued Sherif, Managing Director of SODIC.

SODIC will be competing with Emaar Misr, Badreldine for Real Estate, and others.