Sorouh registers $156.9mln sales at Entrada New Capital project

Sorouh registers $156.9mln sales at Entrada New Capital project

Sorouh Developments reported a total of EGP 2.5bn in sales at its Entrada New Capital project, which is currently being developed in the New Administrative Capital (NAC), according to Sorouh Chairperson Hany Al-Bandary.During the opening of its New Cairo sales centre last week, Al-Bandary said that construction work at the EGP 10bn project is accelerating.He added that the coming period will witness a continued progress in the project's construction, in line with the government's gradual reopening of the country to co-exist with the novel coronavirus (COVID-19).He revealed that the company has signed contracts for the project's first construction phase of housing units. The contracts reflect investments of more than EGP 500m out of the EGP 1bn allocated to the construction contracts. This falls as part of its commitment to deliver