By: Abdallah Bedier

Cairo – Mubasher: Al Ahly for Real Estate Development (SABBOUR) and El Mostakbal for Urban Development have launched the 578-acre City of Odessa project in El Mostakbal "Future" City with EGP 32 billion in investment.

The Egypt-based real estate firm is planning to establish a multi-use residential complex in Mostakbal City, managing director Ahmed Sabbour said in a press conference on Tuesday.

The complex is projected to embrace 12,000 families and to be comprised of a small number of residential units, he added.