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FinancialNews
26-08-18
Egypt launches major residential towers project in New Mansoura
(MENAFN) The New Urban Communities Authority (NUCA) of the Egyptian government was unveiled to have begun the implementation of its 12 residential towers in New Mansoura City.
The execution of the project in New Mansoura was also confirmed to be carried out with investments which reached USD448 million.
Speaking to Amwal Al Ghad, an official source revealed NUCA to be aiming to establish 30 towers in New Mansoura which cover a length of 120 metres for each tower.
The source stated "each tower will include around 180 luxury housing units like the towers in New Mansoura, in which NUCA is targeting budget worth two billion pounds for New for the current financial year."
MENAFN2608201800450000ID1097344053
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