Cairo: Arab Moltaqa Investment Company (AMIA) is planning to pump 170 million pounds investment in education and real estate sectors in the coming period, to be funded from its own resources.

AMIC’s  Managing Director and Board of Directors Chairman Khaled Abu Heif said that his company is targeting the engagement in a partnership in existing educational projects either schools or universities, adding that it is also looking for investors in education sector, and waiting for favorable opportunities in the real estate sector.

He stated in special remarks to Al-Mal newspaper that AMIC has a liquidity estimated at 170 million pounds, mostly from exit deals concluded during the last period.

He further noted that the company aimed to partner with real estate developers to develop its own a 16 thousand square meters plot of land in Almaza for the purpose of establishing a residential project.