Misr Italia to Pump EGP 50 bn into Projects by Year-End
worth of investments, with about EGP 1 bn logged in sales of its launch last October. Additionally, the developer is also building IL BOSCO City, its latest addition to east Cairo’s Mostakbal City.
Designed by Hany Saad Innovations to surpass clients’ expectations and cater to all tastes and needs, VINCI is “a boutique living state, in an upscale community, that features exceptional designs to comfort different needs by offering a range of housing types. From high-end villas to remarkable apartment buildings.”
During the conference, Misr Italia inked a joint collaboration protocol with the Egyptian Armed Forces Authority to establish a new national school in NAC, named “Al Assal Language School.” At an investment value of EGP 25 mn, the new project stretches across 11,800 square meters, while comprising 56 classes for 1,500 students of different grades.
Works are scheduled to be finalized by next September, El Assal uncovered, stressing that the educational development comes in line with the government’s efforts to expand urban development in NAC and boost investments in human capital. It is fully funded by Misr Italia, while the Armed Forces Engineering Authority will join forces with the General Authority for Educational Buildings to carry out its construction and implementation works.