Investments by Samy Saad's Samcrete in Egypt have now totalled EGP 3.2 bn, CEO Hisham El Kheshen says, according to Al Borsa. The company will begin delivering homes at its largest project, Pyramids Heights, in 1Q2020, El Kheshen adds and plans on signing partnership agreements for two projects in East Cairo and in the North Coast before year-end for delivery by the end of 1Q2018. Samcrete wants to expand its land bank in West Cairo from 80 feddans currently and is also studying new investment opportunities in Ain Sokhna.
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