Kuwait's Al Manshar Real Estate Company initialed a contract with an Egyptian company to set up a major housing and entertainment project in Sheikh Zayed district in Sixth of October City.
The two-billion-pound project will cover an area of 117,000 square meter, said head of the Egyptian Trade Office here Gamal Faysel.
The project comes in response to the call of Egyptian Trade and Industry Minister Monir Fakhri Abdel Nour on all Kuwaiti investors to pump more money into the Egyptian market.
The project crowns successful efforts of the Egyptian trade office in Kuwait.