ACUD’s asset value hits EGP 1T

Updated 9/16/2024 1:56:00 PM
ACUD’s asset value hits EGP 1T

Arab Finance: The value of the Egyptian state-owned Administrative Capital for Urban Development (ACUD) Company’s assets has reached EGP 1 trillion so far, driving the country’s economy, Chairman Khaled Abbas told Asharq Business.

Abbas pointed out that 70% of the New Administrative Capital (NAC) was finalized.

He added that the construction works of the second phase’s facilities are set to start by the first quarter (Q1) of 2025.

 

reference: https://www.facebook.com/AsharqbEGY/posts/pfbid02jhDeW7v9D5zN56kFVa3WwRRW9RFsDMtuc68jqBtCdn4sgkN4bCCpfBJ2HCnSE1Mnl?locale=ar_AR

 

Related News