ArabFinance: Real estate firm Vow Developments achieved sales worth EGP 85 million from marketing a new phase of SOLAS New Capital project, according to a November 30th emailed press release.
The company plans to pump new investments worth EGP 250 million for the construction works of the development during 2021, Chairman Amr Ashour revealed.
Vow Developments also intends to complete the execution of SOLAS’ concrete structure by the end of 2020.
Ashour previously said that marketing for the project units started in the beginning of this year.
The development comprises administrative units only, he added back then. It is located in front of the presidential park and close to government ministries in the New Administrative Capital’s financial district.
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