Real Estate company CTP to invest US$600m within 5yrs to build business parks

EGYPT – The CTP company, a full-service real estate company specializing in building business parks, has announced plans to direct investments of US$600 million in Egypt within a period of five years. Egypt’s Prime Minister Mostafa Madbouly held a meeting with Raymond Foss, CEO and Founder of CTP, to discuss the company’s business plans in Egypt. Foss said that his company intends to direct new long-term investments in Egypt estimated at US$300-600 million within five years. This will take place by the country establishing two business complexes in Cairo on…

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