Cairo – Mubasher: Egypt-based Al Asmarat 3 project completion has exceeded 97.4%, Egypt’s Prime Minister Mostafa Madbouly has said on Saturday.
The project’s total cost is near to EGP 2 billion, of which EGP 1.5 billion is from Informal Settlements Development Fund (ISDF), and EGP 500 million from Tahyamisr fund, Madbouly added in a statement.
The official further noted that there are 124 residential buildings in the project which are about to be finished during the next period, and these buildings will provide 7,400 residential units, in addition to 176 commercial units.
Al Asmarat 3 project which is located in Mokattam will include mosque, church, selling outlets, five playgrounds, banquet hall, garden for children, nurseries, health units, bakery, and parking for cars.
