Wednesday, July 19, 2017

Hassan Allam wins Egypt road project contracts

Egypt’s state-run construction firm Hassan Allam has won a mandate to execute a number of road projects in Cairo and other governorates during the first six months of the financial year 2016/207, said a report.

The projects are estimated to cost around E£400 million ($22 million), reported Amwal Alghad, citing a top official.

"The new road projects aim to develop 14 new route networks linking different governorates," Atef Barbary, Hassan Allam's managing director for financial affairs.

A major player in Egypt, Hassan Allam had recently tied up with Crystal Lagoons to develop the $200-million Swanlake North Coast project near Cairo.



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Links topic: https://www.wegocasablanca.com/2017/07/hassan-allam-wins-egypt-road-project.html