HCCD’s contracting to increase its investments to EGP1.5bn in 2019

Cairo Contracting and Real Estate Investment seeks to increase the total value of its investments to 1.5 billion Egyptian pounds by the end of the current year, according to chairman and managing director Nashaat Mohamed Morsy.

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

He added that the company is seeking to expand in the real estate investment sector during the next year, through the launch of a set of land to develop new housing project.

Cairo Contracting is currently close to complete its works in a bunch of social housing projects in some governorates, at a cost approaching