CTP company to pump new investments in Egypt between $300-600M over 5 years

  • Date: 18-Feb-2021
  • Source: Egypt Today
  • Sector:Industrial
  • Country:Egypt
  • Who else needs to know?

CTP company to pump new investments in Egypt between $300-600M over 5 years

During the meeting - Press Photo







CAIRO – 14 February 2021: CTP company intends to pump new long-term investments in Egypt estimated at $300-600 million within 5 years, CEO and founder of the company, Remon Vos, stated on Saturday evening.

 

Vos clarified that the investments would be through the establishment of two business complexes in Cairo on an area of ​​2 million square meters each, providing 14 thousand direct job opportunities.

 

This came during Vos's meeting with Egypt's Prime Minister Mostafa Madbouli, in the presence of CEO of General Authority for Investment & Free Zones (GAFI) Mohamed Abdel Wahab, and a number of company officials.

 

TP company is specialized in establishing business parks.

 

The CEO of the company added that the idea of ​​business parks is based on the establishment of high-quality buildings, which are CTP business complexes, by making use of its 22 years of experience, in Europe,