Hassan M. Allam starts delivering $32mn-Amaar Sheraton Compound

Nasr General Contracting (Hassan M. Allam) is to deliver Amaar Sheraton compound with investments worth EGP 250 million, said Abdallah Khairy the company CEO.

Nasr General Contracting (Hassan M. Allam) started delivering Amaar Sheraton compound with investments worth EGP 250 million (US$ 31.9 million), CEO Abdallah Khairy said Thursday.

Khairy said that the project has been implemented through two phases and the company is currently delivering the reserved units to the clients. It includes housing units with various spaces ranging from 150 m² and 350 m².

The project is one of the most prominent real estate investment projects that the firm is currently delivering, he stated.

Moreover, the official added that Nasr General Contracting Company is aiming at doubling its business volume in mortgage sector.