Concorde Engineering and Contracting to invest EGP 1 bn in Egypt’s North Coast

Concorde Engineering and Contracting is looking to construct two new hotels at a combined cost of EGP 1 bn on the North Coast, with the first phase expected to launch in 2H2019, Concorde’s CEO Sayed Mohamed told the local press. Construction of the project 10-feddan project is anticipated to take approximately three years.