Egyptian developer Al Ahly to deliver New Cairo compound project in 2017

Egypt’s Al Ahly for Real Estate Development Company is planning to deliver units in compound project Green Square 2, located in Mostakbal City in New Cairo, within one year.

The Green Square 2 project is with investments nearing 200 million Egyptian pounds ($10.5 million).

“We have started construction works on Green Square 2 New Cairo on a space of 100 feddans in Mostakbal City Phase I …, we have also completed the designs of the residential units and services buildings.” chairman Hussein Sabbour told Amwal Al Ghad on Saturday.

Four major contractors are carrying out the construction works on Green Square 2, which is one of the most significant ongoing residential projects in Mostakbal City Phase I, Sabbour said.