December 5, 2022 05:25


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News


(2018-02-19) IDA allocates 1.4m sqm to SDM Development for development
ELSewedy Electric (SWDY)said that its subsidiary, SDM Development Company has signed on Thursday,February 15, 2018, a266 million contract with IndustrialDevelopment Authority (IDA) to develop1.4 million square meters in Sadat City. SDM for Development's proposal had been submitted including Development and Renovation Industrial Areas with Private Sector program. Initial designs will be complete in three months time, while infrastructure and development work will take two years, group Deputy Manager Bassil Shuara tells Al Masry Al Youm.