Sodic gets nod to start Eastown construction
Cairo, August 1, 2013
Sodic, a leading real estate development company in Egypt, has obtained the construction permits for the first phases of its Eastown project in New Cairo, enabling construction to commence this month.
Eastown is meticulously planned as a mixed-use city centre offering premium residential, retail and office space, with the first phases launched in May.
Soreal, a 100 per cent Sodic owned company and the owner of Eastown, intends to invest over EGP3 billion ($427 million) in the project over the course of the next three years, creating over 4000 job opportunities. – TradeArabia News Service
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