During a wide press conference, ECB PM & Consultancy office announces being classified as “House of Expertise” in engineering consultancies, design, and PM, Invest- Gate reports.
Additionally, it targets to increase the value of its end-year projects to EGP 250 bn by the end of 2021, compared to EGP 192 bn by the end of last year.
In this regard, Chairman of ECB, Mohamed Abdelghany, says that the aforementioned certification (House of Expertise) entitles the company to a greater level of responsibility towards its clients in providing the best engineering integrated services, including consultancy, projects management, design, and supervision.
Abdelghany further continues that attaining this achievement contributes highly in increasing the trust of the company’s clients and attracting new clients. In addition, it opens the opportunity to compete in the market, whether it is in private sector projects, or government-owned projects, given the high level of expertise and professionalism the company holds in the field.
Moreover, “ECB has successfully worked on 142 projects in the local market, which worth EGP192 bn, in addition to 16 international projects, including infrastructure, industrial, commercial, and hospitality projects. Besides, it targets to raise the value of the international projects to USD 1.5 bn by the end of the year,” Abdelghany remarks.
Furthermore, Abdelghany states that ECB’s contracts in the New Administrative Capital have reached a total Investments cost of EGP 16 bn. Contracts include different varieties of Engineering services provided by ECB , such as project management, site supervision and engineering designs. Moreover, private sector projects constitute 80% of the company’s projects.
It’s noteworthy that, ECB projects at the New Administrative Capital (NAC) include a number of the largest projects namely, “IL BOSCO” and “VINCI” owned by Misr Italia Properties, “CAPITAL 1 and CAPITAL 2” owned by Safwa Development, “ARMONIA” owned by Motaweron El Arady for Real Estate Development, and “PORTO EL MOSTAKBAL” another Residential project with Edge stone company. In addition to infrastructure, Landscape, and Lightning projects with the government represented in the New Urban Communities Authority (NUCA), at the R7 zone.
