European industrial developer CTP Invest plans to invest USD 300-600 mn in Egypt over the next five years, according to a cabinet statement. The investments will be earmarked for two business parks that could help create as many as 14k jobs, the company’s CEO Remon Vos told Prime Minister Moustafa Madbouly during a meeting on Saturday.

About the company: CTP Invest is a European industrial property developer and logistics firm with a portfolio of industrial and commercial real estate across central and eastern Europe. The company controls more than 6.3 mn sqm of land in more than 100 sites worldwide, serving 700+ clients from various industries.

Tags: