La Verde Developments will invest EGP 1 bn over the next year to fund the construction of its real estate projects in the new administrative capital and pay off some of the installments on the land allocated for the project, Chairman Ibrahim Lashin told the local press. The company has plans to invest an additional EGP 2 bn for a second project under the name La Verde Cassette, bringing their total investments in the new capital to EGP 5 bn.

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