Arab Developers Holding announces an ambitious plan to develop its 5.4 mn sqm land portfolio spread across Egypt, Invest-Gate reports.

A portion of the land portfolio has not yet been developed, but the company has a solid and fully-studied plan to do and benefit the most from it, given its outstanding locations in various districts and cities, ABH’s Chairman Gamal Fathallah comments.

At the same time, the company is always studying serious investment opportunities in different areas, he adds.

Fathallah reveals that the company’s total investments in its projects in the local market have reached EGP 33.3 bn, adding that 34% of these projects were completed.

He notes that the Egyptian real estate market has promising opportunities to hold a bigger share in the global market of real estate export, in the light of the increase in the USD exchange rate against the Egyptian Pound.