ArabFinance: Giza General Contracting and Real Estate Investment Company (GGCC) has received a letter from the New Urban Communities Authority (NUCA) informing the company that it has been awarded, by the Egyptian Cabinet, the works of the social housing area of Al Narges located in 15th of May city, according to a statement filed to the Egyptian Exchange (EGX).
Accordingly, the company will handle the development of the water and sewage systems and roads at Al Narges areas at a total value of EGP 240.795 million, the statement highlighted.
Giza General Contracting is an Egypt-based public shareholding company that operates in the construction and engineering industries sector.
The company is primarily involved in general contracting activities; operation, manufacture, and trade in all requirements of the contracting industry.