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Egypt’s NCB Developments launched Valencia residential compound in New Cairo on Wednesday, the company’s chairman Gerges Lawendy, said.
The residential compound has an investment of 3.7 billion Egyptian pounds ($120 million). Lawendy added that the four-phase compound has an area of 12.5 acres.
It will include 15 residential buildings, a strip mall, a sports club and leisure facilities. The project was designed by Archrete, and the first phase is set to be delivered in three years.
