By: Abdullah Bedeir
Cairo – Mubasher: Tabarak Developments is planning to invest EGP 1.5 billion in Capital East Residence project in Nasr City, the company’s chairman Ali El-Shorbany stated.
Tabarak has completed 65% of the project’s foundations, El-Shorbany noted, adding that the project includes 1,232 residential units.
The top official revealed that his company has completed several residential, commercial, and hotel projects in Egypt with total investments of EGP 15 billion.
Tabarak Developments’ land portfolio stood at 5 million square metres, the chairman said.