CDM Smith, COWI A/S, and Environmental Resource Management won tenders to manage recycling projects in four governorates worth EUR 62 mn for the National Solid Waste Management Program, unnamed government sources tell Al Borsa. The government will pay EUR 17 mn of the total cost in EGP equivalent, while the remaining EUR 45 mn will be provided by a German grant. The projects will be implemented in Kafr El Sheikh, Gharbiya, Qena, and Assiut.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Ceasefire optimism triggers EGX30 rally and EGP recovery
The EGP gained around 2.5% on the greenback by the…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…