Parliament to Discuss Final Law for Compensating Contractors End-May

Parliament to Discuss Final Law for Compensating Contractors End-May

The law for compensating contractors is expected to be effective before the end of June, Invest-Gate reports.

Hassan Abdul Aziz, Chairman of the Egyptian Federation for Construction and Building Contractors, says that the final draft will be submitted to parliament by May 29.

The law aims to resolve the issues currently facing the construction sector, compensating for higher costs resulting from the EGP float last November.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.

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