Egypt's Khozam Developments announced the launch of Go Heliopolis project in Heliopolis, central Cairo with EGP 1.25bn investments, according to Chairperson Nader Khozam. Khozam said that the project is being built on 18,000 sqm and will comprise of more than 760 residential units with spaces ranging between 120-190 sqm with payment period reaching five years. The project includes a commercial area spanning 16,000 sqm, Khozam noted, pointing out that the project eyes EGP 3bn in sales and to do so within three years. He pointed out that the company has signed a contract with the Lebanese Chaddad Group to become the main contractor for the project.
