Cairo – Mubasher: New Urban Communities Authority has awarded an EGP 317.3 million contract for a project in Aswan to Giza General Contracting and Real Estate Investment Co.
Under the contract, the company will conduct the remaining works in electricity and telephone networks in New Aswan, according to a company statement released on Tuesday.
Works are set to be completed within 18 months following the obtaining of the location, the statement added.
It is worth noting that Giza General Contracting posted a net profit of EGP 47.999 million during the first nine months 2019, slightly up from EGP 47.792 million in the year-ago period.
