Egypt’s Moukhtar Ibrahim says it is targets delivering some road flagships in Beit Al Watan New Cairo, a project that allows Egyptian expatriates to own lands in their homeland, within June 2018.
The state-owned construction firm will hand over the road projects at total costs estimated at 110 million Egyptian pounds ($6.2 million).
Mohamed Alkhatib, Deputy Chairman of Financial and Administrative Affairs and Director, said Thursday that Beit Al Watan project is established over 1.5 million square metres.
“We are implementing three infrastructure flagships in New Cairo and Sixth of October cities, at a cost worth around 280 million pounds,” Alkhatib further stated, adding that they will be delivered within June 2018.
In New Cairo, the Egyptian official said that the works include a number of drinking water lines, irrigation networks, and road projects in favour of two housing flagships, at a cost of 200 million pounds.
In Sixth of October City, he showed that the works also consist of some utilities works, in favour of a youth social housing projects.
