# Winvestor Development awards $19M construction contract to PTC for I Sheraton project

Winvestor for Investment and Real Estate Development contracted Post Tension Contracting (PTC) to implement the 600 million Egyptian pounds ($19 million) I Sheraton residential project in New Cairo, using post-tensioned concrete technology.

- Type: Contract
- Announced: 2023-10-25
- Where: New Cairo, Egypt, Egypt
- Value: $19.0M
- Status: announced
- Products: post-tensioned concrete technology for residential construction
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Post Tension Contracting](https://endata.com/companies/73254.md)
- [Winvestor for Investment and Real Estate Development](https://endata.com/companies/73253.md) (customer)

## Sources

- [zawya.com](https://www.zawya.com/en/projects/construction/egypts-winvestor-development-awards-i-sheraton-construction-contract-to-ptc-445984), 2023-10-25: "Winvestor for Investment and Real Estate Development has contracted Post Tension Contracting (PTC) to implement its 600 million Egyptian pounds ($19 million) I Sheraton project in New Cairo."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.