Egypt’s Al-Abd develops two infrastructure projects in Dar Misr worth EGP400mln

Egypt’s construction company Al-Abd says it is developing  two infrastructure projects in Dar Misr middle-income housing project first two phases with total cost of 400 million Egyptian pounds ($23.8 million),  its managing director Said Fattouh said

He added that with these two newly developed projects the company has increased its volume of its business in Egypt’s the country’s middle-income residential flagship.

He further noted that the company seeks to deliver an infrastructure project in the first phase of Dar Misr  with total cost of 200 million pounds within a year.

Al-Abd is currently  expanding in implementing  number of utilities projects in the new cities mainly in the country’s new administrative capital where the company own a large business portfolio.

The company’s business volume has increased to exceed one billion pounds in 2019, Fattouh