Modon Developments invests EGP 5bn in Green River Tower at New Capital

✦Key takeaways

Modon Developments is investing around EGP 5bn in its Green River Tower project in the New Administrative Capital, with approximately EGP 1bn already deployed, according to Jihad Fathy, the company’s Head of New Capital Projects.
Fathy said construction completion has reached around 52%, with the company targeting completion of the tower within eight months.
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