Six of October Development & Investment -SODIC- announced that New Urban Communities Authority (NUCA) agreed to give it additional year to implement planned projects on two land plots, 1412.2 and 81.6 feddans, located in Sheikh Zayed.
Recently, SODIC had singed a dispute settlement with the government over Eastown project, where it agreed to pay EGP 900 million ($129 million) over seven years after a revaluation of the project.