The Supply Ministry signed on Sunday eight contracts worth a combined EGP 23 bn with various investors to build logistics zones, shopping malls, and hotels in a number of governorates, Hapi Journal reports. HyperOne, Seoudi, Stone District, and MWS for Development and Commercial Investment were among the companies that signed contracts. MWS will set up a EGP 2 bn commercial logistics zone in Beheira comprising a shopping mall, hypermarket, hotel, aquapark, recreational areas, sports facilities, and a car showroom and maintenance center, CEO and Chairman Mohamed El Sherif separately told the local press.

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