Madbouly launches construction of Qatari Diar’s $29.7bn Alam Al Roum project in North Coast

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Egyptian Prime Minister Mostafa Madbouly inaugurated construction for the first phase of Qatari Diar’s $29.7 billion Alam Al Roum mixed-use development project on Egypt’s North Coast. The project, in cooperation with the Egyptian government, includes $3.5 billion in direct cash investments and aims to deliver a large-scale real estate and infrastructure initiative.

Prime Minister Mostafa Madbouly attended the launch of construction works for the first phase of Qatari Diar’s Alam Al Roum project in Egypt’s North Coast, a major mixed-use development being implemented in partnership with the Egyptian government. The project will involve total planned investments of $29.7bn, including $3.5bn in direct cash investments, with the first […] The post Madbouly launches construction of Qatari Diar’s $29.7bn Alam Al Roum project in North Coast first appeared on Dailynewsegypt.