The Damietta Furniture City will issue land and factory tenders for phase two of the project in June, according to Governor Ismail Taha. The tenders for 620k sqm of land and over 1,400 workshops were scheduled to be issued in April, but had to be postponed due to delays in infrastructure work, which should be completed this month, he adds. The furniture manufacturing complex will include hotels, shopping malls, hospitals, and other services.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…