General Co for Land Reclamation Development and Reconstruction SAE is an Egypt-based company engaged in the real estate development sector. The Company focuses on the reclamation and farming desert and port lands for third parties or sale of them to investors. The Company also undertakes general contract for sanitation works, drinking water, buildings and foundations, civil construction works, air ports, housing projects, road, bridges, railways and water plants, among others, as well as for public operations, including dam construction, thermal stations, marine and river related works, dredging work, and electricity and telecommunication networking. In addition, the Company is active in the purchase and land sub-division for buildings; sale of lands for agriculture, and other related activities. In June, 2014, Holding Co for Land Reclamation & Ground Water Research (Holding Co) acquired an 89.28% interest in the Company's share capital.
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