SODIC plans EGP 3bn investments in 2017

Cairo – Mubasher: The Sixth of October for Development and Investment Company (SODIC) said Tuesday that it plans to invest EGP 3 billion in Egypt in 2017 through its projects and subsidiaries.

The company eyes net contracts worth EGP 5.6 billion in the current fiscal year, and expects to deliver 1,100 residential units in 2017.

By 11:23am Cairo time, the stock fell 0.82% to EGP 12.15.

Mubasher Contribution Time: 28-Feb-2017 10:14 (GMT)
Mubasher Last Update Time: 28-Feb-2017 10:19 (GMT)