Arab Contracters Won EGP 100M Infrastructure Contract

• Sunday, 3rd July 2016
• by Heba Eid

Arab Contractors Company, Egypt-based construction company, won the tender put forth by Sadat City Authority to expand the regional road and build 2 bridges at a cost of EGP 100 million.

Hassan Allam Awarded 40% of New Administrative Capital Infrastructure Work

• Sunday, 26th June 2016
• by Nadine Abou el Atta

Nasr General Contracting – Hassan Allam – has been awarded about 40% of the total infrastructure work for the new administrative capital – a total of EGP 400 million, said CEO of the company, Abdullah Khairy, reported Amwal Al Ghad.

Five Tenders Announced in Three New Cities

• Saturday, 25th June 2016
• by Invest Gate

A tender to execute additional infrastructure work to include roads, water supply systems and sanitation has been announced as part of the social housing in New Fayoum, Head of New Fayoum City Development Authority, Ashraf Abdel Rahman said

Administrative Capital to be Linked Railway Network

• Monday, 23rd May 2016
• by Invest Gate

The Minister of Housing, Utilities, and Urban Communities, Moustafa Madbouly, and the Minister of Transportation, Jalal Saeed have met to discuss a scheme to connect the new administrative capital with the railway network, as well as add an extension to the Asher-Bilbeis monorail to the capital’s transportation network.

Orascom Construction wins EGP 2.7 B Cairo Metro Line Contracts

• Monday, 9th May 2016
• by Nadine Abou el Atta

Orascom Constructions Limited, an Egypt-based construction company, acquired two contracts to develop the civil and track work of Cairo Metro Line III. The contracts are worth EGP 2.73 billion, reported Reuters.

Ministry of Housing Announces New Infrastructure Projects Worth EGP 1.8 B

• Tuesday, 26th April 2016
• by Nadine Abou el Atta

The Minister of Housing, Utilities and Urban Communities, Moustafa Madbouly, announced that the ministry, represented by the Central Agency for Reconstruction, is preparing for the opening of a number of nationwide projects, at a cost of up to EGP 1.845 billion, to coincide with Sinai Liberation holiday celebrations.

Ministry of Housing to Inaugurate Projects in Sinai Worth EGP 312 M

• Sunday, 17th April 2016
• by Nadine Abou el Atta

The Ministry of Housing, Utilities and Urban Development is preparing to launch numerous project in North and South Sinai worth EGP 312 million, announced a press release from the Ministry of Housing.

Transport Minister Meets with AU’s Infrastructure and Energy Delegate

• Tuesday, 12th April 2016
• by Nadine Abou el Atta

Minister of Transportation Galal Said met with Ilham Ibrahim, the Infrastructure and Energy Commission Delegate of the African Union, to discuss bilateral cooperation in different transport sectors, Al Mal reported.

Egypt, Saudi Arabia Sign 222 B Investment Fund Pact

• Tuesday, 12th April 2016
• by Nadine Abou el Atta

Egypt and Saudi Arabia signed EGP 222 billion ($25 billion) worth of agreements during Saudi King Salman bin Abdul Aziz Al-Saud’s visit to Cairo in April, Sahar Nasr, Minister of International Cooperation, told Daily News Egypt.

A Number of 2,448 Units Built in New Assiut

• Monday, 11th April 2016
• by Nadine Abou el Atta

The construction of 2,448 units, part of the social housing program in New Assiut, has been finalized; once delivered, construction companies assigned the project will begin constructing additional 5,136 units within the second phase of the program, over an area of 266 acres, in the south-eastern expansions in the city, Ahmed Omran, Head of Assiut Development Authority, told Invest Gate.