Minister: Big housing project on Sokhna-Suez road with Italian finance

An Italian leading company operating in the building and construction filed has announced preparation of a plan to establish a big housing project on Sokhna-Suez road, which will be offered to the Egyptian government by end of May for establishment of housing units with an Italian finance, said Industry and Trade Minister Munir Fakhry Abdel Nour, according to Egypt State Information Service (SIS).
Abdel Nour noted that a group of Italian businessmen would visit Egypt by the end of June under Italian Deputy Minister for Economic Development Carlo Calenda to follow up on the agreements agreed upon at Egypt's economic conference in March.
The volume of trade exchange between Egypt and Italy rose to 5,180 billion Euros in 2014 against 4,702 billion Euros in 2013.

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