Total investments of Sixth of October for Development & Investment (SODIC) reached nearly EGP2.5 billion within the last year of 2014, said Ahmed Badrawi Managing Director of SODIC.
In a key note speech at Cityscape business breakfast Conference today, Badrawi added that the investment atmosphere in Egypt reflected positively on SODIC’s business volume during the last year.
The total value of SODIC’s capital has seen increased about EGP1 billion during that period, supported by the current situation of the real estate sector mobility, Badrawi noted.
Moreover, The government needs to continue its policies that aimed at strengthening the partnership with the private sector in the coming period to attract more new investments in light of the approach of Economic Summit Conference which will hold by the next month.
