Hassan Allam Construction is implementing EGP 1.4 bn-worth of infrastructure projects at the new administrative capital, the company’s Managing Director for Financial Affairs Atef Barbary said, Al Masry Al Youm reports. The company has been mandated with constructing the new 8,000 sqm Justice Ministry building in the capital, which is expected to cost north of EGP 1 bn. Other projects include EGP 280 mn-worth of civil works such as sewage, water, and electricity networks, and nine residential buildings worth EGP 108 mn.
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Gulf stock exchanges are growing in importance, but they’re still a long way from becoming capital market hubs -Fitch
The diagnosis lands in a year when UAE and Saudi…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…