Egypt-based leading contracting company Al Abd aims to deliver 16 residential buildings at a total cost of E£200 million ($10.6 million) in Al Asmarat City, Mokattam, by the end of June this year, said a report.

Al Abd is carrying out the buildings for Cairo Governorate as part of the residential projects in Mokattam, reported Amwal Alghad.

The projects include three housing districts to relocate slum-dwellers, stated the report.

Al Abd is in talks with several contracting firms to install utilities worth E£50 million, it added.