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Engineer Fathallah Fawzi, vice-president of the Egyptian Association of Businessmen, adviser to Heliopolis Housing and Development Company – a company of the Ministry of Public Affairs – said he intended to promote the Heliopolis project Park to real estate investors in Saudi Arabia and the United Arab Emirates. through joint business councils between the two countries, to participate by offering a brochure on the development conditions of the Heliopolis Park project, with an area of 1695 acres, in New Cairo.
“Fawzi” added to “The Seventh Day” that the proposed project is an opportunity to attract new foreign investment in the real estate market given its size and location which represents an excellent investment opportunity for the real estate developer to develop a real estate product that attracts the market, especially in this region which enjoys great interest in demand. Ali real estate knows the interest of real estate companies.
The Heliopolis company for housing and development has announced the launch of the tender dossier for investors, developers and private sector alliances interested in submitting their technical and financial offers for the development of the heliopark project on an area of 1,695 acres in New Cairo, starting March 22, with the deadline for submitting bids next Thursday, May 27. The value of the bid book was set at 100,000 pounds.
This came after no one showed up to the tender that Heliopolis Housing and Development Company offered last year to enter into a partnership for an area of 1,700 feddans of its land, similar to the partnership signed between Heliopolis and the company of October 6. “SODIC”.
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