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FinancialNews
09-04-18
Egyptian Misr Italia to launch USD1.36bn projects in 2018
(MENAFN) Egypt's property developer Misr Italia was declared to be launching two projects within this year, both reaching a value at USD1.36 billion.
The developer is set to begin this year with the mixed-use Bosco project in the New Administrative Capital, as well as the Kai North Coast hospitality project in Ras El-Hikma area.
The declaration was made by the property developers' chairman Hany El-Assal while speaking to Thomson Reuters Projects.
The chairman revealed the USD1.25 billion Bosco project to cover 310 acres, as it aims to construct apartments, villas, a theater, sports complexes, and a mall along with an international school.
MENAFN0904201800450000ID1096710370
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