Businesses Establishments KAD plans to open six commercial centres, under the name Mega Build, within two years, with EGP 8bn in investments for the benefit of the International Commercial Centres Management Company (ICCMC).
It will also inaugurate the Maxim Mall project in New Cairo owned by Maxim Holdings with EGP 150m worth of investments.
KAD is also close to signing two contracts for the management of two other projects in New Cairo and Obour city, with EGP 250m in investments.
Mohamed Elhamy Kerdany, president of the Egyptian Council for Shopping Centres (ECSC), said KAD plans to offer six business centers within two years under the name “Megabytes” in the cities of New Cairo, 6th of October, Al-Shorouq, Katameya, the Pyramid Plateau, and the northern coast, at a cost of EGP 8bn.
Daily news Egypt