ICEC

Egypt’s property developer Wadi Kom Ombo wins mandates worth 59 mln pounds

Egypt’s property developer Wadi Kom Ombo for Land Reclamation Company announced Sunday it has been assigned to execute number of flagships exceeding 59 million Egyptian pounds ($3.3 million).

The company further added that these mandates will include a main drainage system in the west of Suez Canal over 1,2500 feddans, with total costs worth 14.49 million pounds.

Besides Wadi Kom Ombo’s projects, the company has earlier achieved revenues worth 2.2 million pounds during three months ended in September 2017 up from 527,100 pounds during the same period in 2016.

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