{"id":637314,"date":"2017-11-13T04:11:57","date_gmt":"2017-11-13T04:11:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/"},"modified":"2017-11-13T04:11:57","modified_gmt":"2017-11-13T04:11:57","slug":"cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/","title":{"rendered":"CGP to award contracts worth EGP 2-3 bn in 2018 for Al Burouj project"},"content":{"rendered":"<p>Capital Group Properties (CGP) is planning to award contracts worth EGP 2-3 bn next year with to complete the first phase of its EGP 50 bn Al Burouj project, head of the company\u2019s head of development Ahmed Fathy <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12112017&id=d9d17a63-1de1-40ff-baac-dd37f110091b\">tells Al Shorouk<\/a>. The company <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/01\/cgp-planning-on-awarding-contracts-of-egp-1-5-bn-this-year\/\">had previously announced<\/a> its plans to sign EGP 500 mn worth of contracts by the end of this year for the project, which is set to be completed over four years in 10 years. CGP is currently preparing the designs for the project\u2019s second phase, and it plans to begin construction work around the end of 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital Group Properties (CGP) is planning to award contracts worth EGP 2-3 bn next year with to complete the first phase of its EGP 50 bn Al Burouj project, head of the company\u2019s head of development Ahmed Fathy tells Al Shorouk. The company had previously announced its plans to sign EGP 500 mn worth of [&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":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637314","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"35be6931-8463-4dec-a3ef-c0c04342d8d6","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637279],"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>CGP to award contracts worth EGP 2-3 bn in 2018 for Al Burouj project - 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\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CGP to award contracts worth EGP 2-3 bn in 2018 for Al Burouj project\" \/>\n<meta property=\"og:description\" content=\"Capital Group Properties (CGP) is planning to award contracts worth EGP 2-3 bn next year with to complete the first phase of its EGP 50 bn Al Burouj project, head of the company\u2019s head of development Ahmed Fathy tells Al Shorouk. The company had previously announced its plans to sign EGP 500 mn worth of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-13T04:11:57+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\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CGP to award contracts worth EGP 2-3 bn in 2018 for Al Burouj project\",\"datePublished\":\"2017-11-13T04:11:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/\",\"name\":\"CGP to award contracts worth EGP 2-3 bn in 2018 for Al Burouj project - 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Al Burouj is a EGP 50 bn project set to\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623028,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/18\/cgp-to-invest-egp-5-bn-in-mixed-use-compound-alburouj-in-2019\/","url_meta":{"origin":637314,"position":1},"title":"CGP to invest EGP 5 bn in mixed-use compound Alburouj in 2019","author":"enterpriseam admin","date":"18 October 2018","format":false,"excerpt":"Capital Group Properties is planning to invest EGP 5 bn in its mixed-use compound Alburouj in 2019, Chief Projects Officer Amgad Hassanein said. The funding will be directed toward completing the construction of units in the compound\u2019s first phase and develop a new smart village complex. CGP had launched the\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568906,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/al-burouj-egypt-to-invest-egp-1-5-bn-in-new-capital-mall\/","url_meta":{"origin":637314,"position":2},"title":"Al Burouj Egypt to invest EGP 1.5 bn in new capital mall","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital, according to the local press. The company is also investing EGP 400 mn in OIA, a compound in the new capital that Al Burouj is developing with Saudi partners El-Mashareq\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595385,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/mountain-view-signs-contracts-worth-egp-1-7-bn-for-icity-in-2019\/","url_meta":{"origin":637314,"position":3},"title":"Mountain View signs contracts worth EGP 1.7 bn for iCity in 2019","author":"enterpriseam admin","date":"24 September 2019","format":false,"excerpt":"Mountain View has signed contracts with four construction companies worth EGP 1.7 bn so far this year for its iCity project in New Cairo, Chairman Amr Soliman told Al Mal. The real estate developer aims to sign EGP 2.5 bn-worth of contracts by the end of 2019, he said. iCity\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568990,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/10\/568990\/","url_meta":{"origin":637314,"position":4},"title":"CORRECTION- In an article published\u2026","author":"enterpriseam admin","date":"10 February 2020","format":false,"excerpt":"CORRECTION- In an article published Thursday, we incorrectly wrote that Al Burouj Capital Group intends to invest EGP 1.5 bn in the Sixty Business Park mall project in the new capital. The company taking part in the project is actually Al Burouj Egypt. 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