Monday 10 Mar
Mountain View, a real estate development and investment company, intends to invest 50 billion Egyptian pounds in 2023. This investment will be divided, with 18 billion allocated to construction within existing projects and approximately 32 billion earmarked for expansions.
According to Engineer Amr Suleiman, founder and executive chairman of Mountain View, the company plans to invest 18 billion pounds in construction for previously announced projects. To maintain agreed-upon timelines, they will collaborate with more than 100 contracting and supplier companies.
He stated that the company targets contractual sales of
roughly 150 billion pounds by 2025, driven by both current and planned project
launches.
In addition to its sales goals, the company contributes to the Egyptian economy by providing more than 50,000 direct and indirect job opportunities. They have also set a target of 150 billion pounds in sales for this year and are pursuing expansion in the Saudi market, which began last year.
