Heliopolis Housing Mulls Partnership for New Project

Heliopolis Housing Mulls Partnership for New Project

Egyptian construction company Heliopolis Company for Housing and Development is considering partnership with major companies operating in the field of development and real estate to utilize a plot of land spanning 193 feddans, Invest-Gate reports.

The company aims to use the land to establish a regional service project on Cairo-Suez desert road at the entrance of New Heliopolis City.

Heliopolis Housing’s BoD earlier gave the go-ahead to an EGP 100 mn financial lease with Global Leasing Company (GLC) to finance a triple treatment plant and a sewage network in New Heliopolis.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.


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