Sorouh Developments announced the signing of a strategic alliance agreement with RICON Construction and Energy to jointly develop a number of real estate projects with a total investment of EGP 30bn, starting with Entrada and Avenue Mall projects in the New Administrative Capital (NAC) with a total investment of approximately EGP 3bn. It comprises a variety of services in one place including shops, offices, clinics, restaurants and cafes with various spaces. Abdel Zaher elaborated that his company has succeeded in executing real estate projects with various types with high quality using international sustainability specifications. It also owns several companies specialised in the field of real estate development and contracting. In addition to an international consulting office, where the company carries out various projects, including Aster El-Galala, Aster Sheikh Zayed, and Aster El-Maadi.

Source: Daily News Egypt May 30, 2023 07:15 UTC