Cairo – Mubasher: Al Arabia Co for Real Estate Development (ARCO) is planning to invest EGP 1.7 billion to complete the construction of its projects in 2018.
The real estate developer targets sales of EGP 5 billion this year, ARCO’s CEO Ayman Ibrahim told Alborsa News.
The Egyptian company is also looking forward to offering a new phase in both projects of City Stars North Coast and Lavande 6th October, Ibrahim added.
In August 2016, ARCO unveiled that it was planning to implement City Stars North Coast project, which is set to be delivered in 2019, with investment worth EGP 2 billion.
