PROJECTS: Egypt’s Maxim Real Estate signs agreements worth $19mln for its Bo Islands project – zawya.com

PROJECTS: Egypt’s Maxim Real Estate signs agreements worth $19mln for its Bo Islands project – zawya.com

Egyptian developer Maxim Real Estate Investments has signed construction and consultancy agreements worth 300 million Egyptian pounds ($19 million) for its 28 billion pounds ($1.8 billion) Bo Islands project in Sidi Abdel Rahman on the North Coast."Agreements have been signed with our strategic partners including El-Shorouk Company for General Contracting, Red Sea International Contracting, Experts Contracting Company, EHAF Consulting Engineers, and Modern Building Systems Company," company chairman Mohamed Karrar said at a press conference on Wednesday.The agreements include contract renewal with main contractor Red Sea International Contracting; award of construction works for the new phases of Bo Islands and Bo Sands to El Shorouk Company and award of infrastructure works at the under-construction phases to Experts Contracting.Company CEO Omar Ismail told Zawya Projects that the agreements worth 300 million pounds