HCCD’s contracting, investment unit to win three Egyptian flagships soon

Cairo Contracting and Real Estate Investment Company says is close to win a housing project besides three infrastructure more, at a cost approaching 360 million Egyptian pounds ($20.1 million)

Cairo Contracting is an affiliate to the Egyptian Holding Company for Construction and Development (HCCD), which is an agency under Ministry of Housing.

“The housing project will be executed in favour of Egypt’s state-run Maadi for Development and Reconstruction next year,” Cairo Contracting’s chairman and managing director said on Wednesday.

As for the infrastructure projects, Cairo Contracting is set to carry out two drinking water treatment and sanitation plants at cost of 200 million pounds in one of the villages in Monufia governorate, Nashaat Mohamed Morsy added.

“We will soon implement an area for residential towers in Fustat, at a cost worth 160 million pounds,” Morsy said.