The projects also include building 7 shopping malls, 5 medical centers, 5 schools, 4 nurseries, 2 five-a-side football stadiums, and a bakery, Ali adds.
Ragab notes that, following the expansion, the factory is situated on around 123,715 sqm.
The first contract includes the management and operation of the second phase of the Mamshah Ahl Masr project.
The contract also provides for the possibility of providing hospitality management for all residential units within the project.
He adds the REDC’s main focus is to support real estate companies and identify problems facing them to maintain a strong performance in the sector.
For his part, the Head of the 10th of Ramadan Development Authority, Ahmed Omran, states that the club is located at 17,000 feddans.
Development works are underway in all airports, Abbas adds.
The Egyptian company owning the hotel is still negotiating the deal with the Qatari investor, sources notes.
During a cabinet meeting, Prime Minister Mostafa Madbouly reveals that the new industrial zone is set to be located near the dry port implemented on the 6th of October City.
The decision encourages companies to reduce carbon emissions in all projects across all fields, El-Gammal says.
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