Egypt-based Redcon Construction is planning to deliver the first phase of Caesar North Coast, a project owned by property developer SODIC, within the coming two weeks.
The first phase covers 6,000 feddans, at cost worth 30 million Egyptian pounds ($3.4 million).
Tarek El-Gammal, Chairman of Redcon, said his company is the general contractor of Caesar project, assigned by SODIC, to carry out the construction works.
Caesar is located on the North Coast at 82 km to Marsa Matrouh, 340 km from Cairo through Alamein Road and 200 km from Alexandria.
The first phase involves building 9 residential buildings, El-Gammal added, saying the completion rate in the project currently exceeds 85 percent.
Redcon will deliver SODIC fully-furnished apartments in preparation for handing them over to clients, he said.
