Hassan Allam Holding’s (HAH) subsidiary Intech kicked off the new year with seven new contracts for various infrastructure works nationwide, Invest-Gate reports.
New projects include the Dar El Salam wastewater treatment plant, which will be executed in partnership with Hassan Allam Construction (HAC), with a capacity of 90,000 cubic meters per day. Also, Intech will execute all engineering, procurement, and construction work for Werdan sewage treatment plant to reach 50,000 cubic meters per day capacity, according to the developer’s statement on January 5.
“Additionally, the company has been awarded the rehabilitation of four wastewater treatment plants, as part of the extension of our original tertiary treatment plants previously built by Intech,” read the statement, underlining that Intech will solely undertake the engineering, procurement, and construction scope for these additions.
“In the coming months, the company is expected to commence several other projects, including the Mahmoudeya, Port Fouad, Damanhour, and Tuna El Gabal wastewater treatment plants, in addition to the Assiut water treatment plant, with a combined capacity close to 200,000 cubic meters per day,” it continued.
The awards come in line with HAH’s commitment to providing locals with easy access to water-related services, as part of the Egyptian government’s longer-term infrastructure needs. However, details such as the projects’ investment value and total costs were kept murky.
Back in November, HAH had inked an agreement with the European Bank for Reconstruction and Development (EBRD) for a USD 20 mn loan to support the construction and utility sectors in Egypt. The funding is aimed at further penetrating the country’s growing infrastructure industry, while also creating more jobs.