
IMKAN Misr Invests $100 Million in Non-Residential Activities at Alburouj
IMKAN Misr allocated $100 million into commercial and administrative sectors at Alburouj, awarding key contracts to Forward Construction and Global Energy.
IMKAN Misr announced an investment of $100 million directed into commercial and administrative operations within the Alburouj development in New Heliopolis. Contracting awards include a 1.6 billion Egyptian pound agreement with Forward Construction for 348 residential units across three zones, alongside a 445 million Egyptian pound infrastructure contract with Global Energy for roads and electrical utilities.
Key Highlights
- $100 million invested in commercial and administrative activities
- EGP 1.6 billion contract awarded to Forward Construction for 348 units
- EGP 445 million infrastructure package awarded to Global Energy
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