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Emaar Misr chooses OCI-Contrack
- Egypt: Saturday, December 29 - 2007 at 13:53
Emaar Misr for Development, the wholly-owned Egyptian subsidiary of Emaar Properties, has appointed Orascom Construction Industries-Contrack (OCI-Contrack) as the contractor for the first group of villas and townhouses, as well as the beach club, being developed at Marassi at Sidi Abdel Rahman Bay. The award of the contract follows a competitive bid process in which six Egyptian companies participated. The $1.7bn mixed-use Marassi will cover an area of 62.5m sqft.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 29 - 2007 at 13:53 UAE local time (GMT+4)
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