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Egypt: Matrouh Governor Signs Final Contracts for 3 Major Investment Projects

Source: www.export-egypt.com 2/8/2017, Location: Africa

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Matrouh Governor Alaa Abu Zeid signed the final contracts of three major investment projects worth 2 billion pound in the fields of tourism and urban development.

The initial contracts were signed in the first economic conference, held in in Matrouh in October 2015.

The three projects bring the total number of contracts signed as a result of the conference to 20 to be implemented at an investment cost of 120 billion pound.

Major tourist resorts will be established on areas ranging from 10 to 100 feddans, Abu Zeid said.

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