UAE's Arabtec to build million houses with the Egyptian army


(MENAFN) Arabtec Holding, Dubai's largest listed construction firm, will build one million houses with the Egyptian army under a USD40.23 billion agreement, according to Arabian Business



The project, which will be one of the biggest in the region, aims to improve and support tourism sector, amid political turmoil



The announcement was revealed in a press conference in Cairo. The financing process was not mentioned



The project will extend over 160 million square meters across 13 several sites in Egypt for lower income individuals


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.