(3 minutes read)
· Centro Real Estate, the realty company of Egypt, will invest a total of EGP 500million into its projects during 2021
· Of that, EGP 400million will be directed to the company’s New Cairo projects in 2021, as against EGP 350m during the current year
· As a part of its expansion plan, the real estate company is looking at the possibilities for growing beyond Egypt, particularly in rab countries
Centro Real Estate, the realty company of Egypt, will invest a total of EGP 500million into its projects during 2021. Of that, EGP 400million will be directed to the company’s New Cairo projects in 2021, as against EGP 350m during the current year.
This was revealed by company’s Chairperson Wael Ramadan. At the beginning of 2021, the company will open its new branch in “6th of October”, a place west of Cairo. An investment of EGP100million will flow into projects that will be introduced in different parts of the capital city like 6th of October, Sheikh Zayed and the northern side of the capital city. The company presently has 17 projects under implementation located in the New Cairo districts of Lotus, Andalus, Beit AlWatan, North Rehab and New Narges.
As a part of its expansion plan, the real estate company is looking at the possibilities for growing beyond Egypt, particularly in Arab countries. Despite the Covid-19 pandemic, the company is expected to complete the projects four months before the due date.
