Cairo - Mubasher: Babylon Urban Development Company seeks to invest around EGP 1 billion in two medical administrative projects located at the New Administrative Capital.
During a press conference held on Tuesday, Babylon has signed contracts with a number of companies to prepare the engineering and architectural designs and supervise the projects.
The Chairman of the company, Hossam Farag, said that the company has inked a contract with Premium Business Company to market the two projects in the UK and European countries.
Farag added that one of the projects comprises 200 units spanning over 2,322 metres, while the other has 70 units covering an area of 1,250 metres.
