{"id":598933,"date":"2019-06-12T04:00:02","date_gmt":"2019-06-12T04:00:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/"},"modified":"2019-06-12T04:00:02","modified_gmt":"2019-06-12T04:00:02","slug":"eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/","title":{"rendered":"EECC agrees to sell or lease 43k sqm of unutilized land"},"content":{"rendered":"<p>The board of directors of the Egyptian Electric Cables Company has agreed to sell or lease 43,000 sqm of its unutilized land, Managing Director of Financial Affairs Mohamed Ibrahim <a href=\"https:\/\/www.alborsaanews.com\/2019\/06\/11\/1211611\">told the local press<\/a>. The company aims to divide up the land into plots that can be sold directly to one or more buyers, he said, adding that proceeds would be invested to increase production and renovate facilities. The company, which said in April that the size of its unutilized land is about 114,000 sqm, is targeting EGP 2.4 bn in sales by the end of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of directors of the Egyptian Electric Cables Company has agreed to sell or lease 43,000 sqm of its unutilized land, Managing Director of Financial Affairs Mohamed Ibrahim told the local press. The company aims to divide up the land into plots that can be sold directly to one or more buyers, he said, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598933","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"de7de2b3-07cd-4e98-bb3f-4de3c8c60f64","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[598906],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EECC agrees to sell or lease 43k sqm of unutilized land - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EECC agrees to sell or lease 43k sqm of unutilized land\" \/>\n<meta property=\"og:description\" content=\"The board of directors of the Egyptian Electric Cables Company has agreed to sell or lease 43,000 sqm of its unutilized land, Managing Director of Financial Affairs Mohamed Ibrahim told the local press. The company aims to divide up the land into plots that can be sold directly to one or more buyers, he said, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-12T04:00:02+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EECC agrees to sell or lease 43k sqm of unutilized land\",\"datePublished\":\"2019-06-12T04:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/eecc-agrees-to-sell-or-lease-43k-sqm-of-unutilized-land\/\",\"name\":\"EECC agrees to sell or lease 43k sqm of unutilized land - 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Applicants are expected to present feasibility studies and a\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625198,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/sczone-settles-egp-3-4-bn-worth-of-investor-disputes\/","url_meta":{"origin":598933,"position":1},"title":"SCZone settles EGP 3.4 bn worth of investor disputes","author":"enterpriseam admin","date":"30 September 2018","format":false,"excerpt":"The Suez Canal Economic Zone (SCZone) has collected some EGP 3.4 bn from settling investor disputes dating back to 1998, SCZone boss Mohab Mamish said. The SCZone had decided last month to withdraw 41 mn sqm of land from companies for failing to complete projects on time.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637525,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/19\/orascom-development-aiming-to-buy-2-mn-sqm-of-land-in-the-north-coast\/","url_meta":{"origin":598933,"position":2},"title":"Orascom Development aiming to buy 2 mn sqm of land in the North Coast","author":"enterpriseam admin","date":"19 November 2017","format":false,"excerpt":"Orascom Development is looking to acquire 2 mn sqm of land in the North Coast for a Gouna-type resort, CEO Khaled Bichara said in a statement to the press. 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