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Minister: Mokattam Corniche project’s revenues to pass EGP 60 billion

The giant project to develop Mokattam Corniche will generate revenues of more than ?EFP 60 billion, Minister of Public Business Sector Mahmoud Esmat said Saturday 18/03/2023.

The minister was addressing a signing ceremony of a contract with the “Foster + Partners” office – one of the world’s most important designer offices – to carry out the design and graphics work for the project, which is being implemented in collaboration between Al-Nasr Housing and Development Company of the Holding Company for Construction and Development and Scope International, a subsidiary of the Saudi Al-Suwailem Holding Group.

We welcome this collaboration because it fits within the ministry’s goal, which is aligned with the state ownership policy document, by assisting the private sector and allowing it to take its natural place in driving the national economy alongside the cooperative and government sectors, the minister said.

Source: State Information Service Egypt