V.  Projects in Progress:

1- Real Estate & Investment:

 

      The following are the projects still in progress:

 

Situation

Started

Location

Project

No.

 

2004

Mokattam

EFKO Tower 

1

 

2002

Ein Shams

Ein Shams Residential Towers & Mall -1

2

 

1998

Ras Sedr

El Gezira Resort

3

(20.000 an acre●)

 

Cairo- Alex Road

Reclamation Land 

4

Under Construction

2005

Cairo- Ismailia Road

EFKO Resort

5

 

 

TOTAL                851.64 million

 

 

● EFKO posses 320 acres of land at 95 km of Cairo Alexandria Road for reclamation.  EFKO reclaimed about 200 acres, and sowed different types of plants as vegetables, fruits, and palms. EFKO plans to build on the land some factories for processing and food packaging.

 

 

 

* Value of LE is in million

 

 

 

2- Projects in Progress:

 

      The following are the Road Construction and New Community Development projects.

 

 

Started

Location

Project

No.

2003

Beni Seouf

Road Construction

1

2005

Souhag

Gerga Village

2

2005

Souhag

Akhmem Village 

3

2005

Souhag

Kasra Road

4

2004

Beni Seouf

Social Fund

5

 

 

Total       89.47 million

 

 

* Value of LE is in million

 

 

TOTAL of PROJECTS in PROGRESS are 941.11 million

 

 

GHONEIM GROUP
GHONEIM GROUP