Ofok land reclamation to finish “Rios” by mid 2015 with EGP one billion

Big 5

By Maha Essam

Ofok lands reclamation Co. plans to finish Rios Project in the Investment Area in Giza Governorate by mid 2015, on a 500 thousand m2 area, with EGP one billion investments.

Waleed El-Kafrawy, Chairman of the Company, said that the Project is a housing compound which consists of 1100 units, whose areas range from 120 to 250 m2.

The Company offers payment facilities a result of the recession real estate sector has been witnessing, since last year as the payment period can be up to 7 years with 10% deposit.