Egypt’s Maadi for Development to contract for Maadi View – Phase I next month

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Egypt’s Maadi Company for Development and Reconstruction says it plans to sign contracts with five construction firms to start executing the first phase of Maadi View project within November 2017.

A source in Maadi Co. said Thursday that Maadi View is located in Shorouk City over 136 feddans.

“The flagship will be implemented in four construction phases, at a cost exceeding three billion Egyptian pounds ($169.8 million),” the source noted.

In addition, Maadi View is to include a number of housing units, small villas, and townhouses, on spaces ranging between 100 square metres and 200 square metres, he added.