Tower Developments finalises commercial administrative project in New Cairo

Egyptian property developer, Tower Developments (TD) has completed a new commercial and administrative project in New Cairo, its chief executive said on Monday.

Spanning over 13,000 square metres, the project is with investments worth 700 million Egyptian pounds ($42.2 million), Ahmed Lasheen further added.

“We target annual sales worth 40 million pounds from the project, which will be completely executed before the end of the current year,” Lasheen said.