Al-Futtaim Carillion OCI JV to construct retail centre in Cairo Festival City

Richard High

11 May 2009

The Al-Futtaim Carillion/Orascom Construction Industries (OCI) Joint Venture has been awarded the contract to construct a US$ 340 million retail centre in Cairo Festival City.

The EGP 1.91 billion (US$ 340 million) contract was awarded by the commercial and administrative arm of the Al-Futtaim Group.

The retail centre includes 400 shopping units a hypermarket and cinema complex. It will also include a retail village, which will include a water amusement park, pedestrian walkways, cafes, restaurants as well as other retail shops.

The total built-up area of the project will be 425000 m2.

The project is expected to be complete by mid- 2012.

Business & Finance Contracts & tenders Construction
STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA