Tatweer Misr to inject 3bn Egyptian pounds investments into projects next year

Egypt’s property developer Tatweer Misr is planning to invest three billion Egyptian pounds ($169 million) in its projects within 2018, said managing director Ahmed Shalaby on Monday.

Shalaby further added that Tatweer Misr has earlier pumped investments estimated at two billion pounds in 2017.

“The company seeks to achieve contractual sales worth 4.3 billion pounds until the beginning of this month,” the Egyptian official noted.

Moreover, Shalaby referred that Tatweer Misr will announce a new residential flagship at the end of the month, reflecting the company’s expansion schemes during the current period.