Emaar eyes investments in New Administrative Capital, Alamein City

Cairo – Mubasher: Emaar Properties chairman Mohamed Al Abbar expressed his willingness to pump new investments into the New Administrative Capital, Alamein City, Cairo, and South Sinai, according to a press release by the Ministry of Investment and International Cooperation.

Al Abbar agreed with minister of investment and international cooperation Sahar Nasr to coordinate with specific ministries and governorates regarding the new planned projects.

The statement did not unveil any details on the volume of investments to be poured by the developer.

The ministry will soon announce a plan that will include 600 investment opportunities for foreign and Arab investors in some governorates, such as new airports, ports, and free industrial zones.

Mubasher Contribution Time: 31-Jul-2017 12:54 (GMT)
Mubasher Last Update Time: 31-Jul-2017 13:05 (GMT)