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Thursday, 18 August 2016

Developer PACT signs agreement to develop first phase of White Bay in North Coast

Private real estate developer PACT signed an agreement with contractor Asas, a subsidiary of Multiples Group, to develop the first phase of White Bay in Sidi Heneish, North Coast, said Omar El Shenety, managing director of Multiples, Al Borsa reported on Wednesday. Under the contract, Asas will finance the first phase as well as part of the second phase, worth EGP 325 mn. White Bay, an EGP 1.7 bn development, spans across an area of 60 feddan.

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