{"id":666324,"date":"2025-06-02T00:00:00","date_gmt":"2025-06-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/02\/arab-contractors-chinas-cscec-eye-africa-projects-under-cooperation-agreement\/"},"modified":"2025-06-02T00:00:00","modified_gmt":"2025-06-02T00:00:00","slug":"arab-contractors-chinas-cscec-eye-africa-projects-under-cooperation-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/02\/arab-contractors-chinas-cscec-eye-africa-projects-under-cooperation-agreement\/","title":{"rendered":"Arab Contractors, China\u2019s CSCEC eye Africa projects under cooperation agreement"},"content":{"rendered":"

State-owned <\/strong>Arab Contractors could soon collaborate with <\/strong>China\u2019s state-owned CSCEC <\/strong>on some big-ticket <\/strong>infrastructure projects in Africa <\/strong>under a cooperation protocol inked yesterday between the two companies, according to a cabinet statement<\/a>. The cooperation protocol establishes a formal alliance that will see them jointly pursue projects in Egypt and the continent as a whole.<\/p>\n

Partnering with the world\u2019s largest construction company by revenue for projects across<\/strong> Africa is no small thing<\/strong>, given the hundreds of USD bns that China invests into its Belt and Road initiative in the continent. Between 2013 and 2023, Chinese companies signed over USD 700 bn worth of contracts for projects in Africa under the initiative, according to <\/a>Chinese state media<\/a>.<\/p>\n

CSCEC has also been looking to partner with local private sector players for projects at <\/strong>home and abroad<\/strong>, having inked a strategic partnership with Organi Group<\/a> in February under a plan to jointly secure contracts worth USD 5 bn in Egypt and Libya, in addition to additional projects in Saudi Arabia and the UAE, Organi Group CEO Essam Al Organi said.<\/p>\n

REMEMBER- <\/strong>The Chinese construction giant is no stranger to Egypt, with the company playing a major role in the construction of the new administrative capital and its Central Business District, the Downtown Towers project in New Alamein, and more either under construction or on the drawing board.<\/p>\n","protected":false},"excerpt":{"rendered":"

CSCEC is the world\u2019s largest construction company by revenue<\/p>\n","protected":false},"author":1,"featured_media":666325,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[833,116,3736,130,975,72,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-666324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","tag-arab-contractors","tag-china","tag-china-state-construction-engineering-corporation","tag-construction","tag-egypt-china-relations","tag-enterpriseam","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"2c5d7056-ed2a-48de-a6ba-b02444136b2d","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/6\/105.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Arab Contractors, China\u2019s CSCEC eye Africa projects under cooperation agreement","related_issue":[666314],"teaser":"CSCEC is the world\u2019s largest construction company by revenue","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.bb2a0d32-9ba0-4621-bd1d-0cbb51e527a3.mp3"},"yoast_head":"\nArab Contractors, China\u2019s CSCEC eye Africa projects under cooperation agreement - 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PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects","author":"enterpriseam admin","date":"23 April 2025","format":false,"excerpt":"Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1480.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573614,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/chinas-cscec-to-build-mixed-use-complex-in-south-side-of-egypts-new-alamein\/","url_meta":{"origin":666324,"position":1},"title":"China\u2019s CSCEC to build mixed-use complex in south side of Egypt\u2019s New Alamein","author":"enterpriseam admin","date":"11 August 2020","format":false,"excerpt":"China State Construction Engineering Corporation (CSCEC) will build a mixed-use complex in the southern region of New Alamein planned to be a tourist attraction, cabinet spokesman Nader Saad said, according to Al Mal. CSCEC, the world\u2019s largest construction outfit by revenue, is also investing USD 3 bn in the new\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624277,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/china-state-construction-inks-usd-9-6-bn-worth-of-agreements-with-egypt\/","url_meta":{"origin":666324,"position":2},"title":"China State Construction inks USD 9.6 bn worth of agreements with Egypt","author":"enterpriseam admin","date":"4 September 2018","format":false,"excerpt":"INVESTMENT WATCH- More from China as CSCEC signs USD 9.6 bn in new agreements: China State Construction Engineering Corporation (CSCEC) signed USD 9.6 bn in new agreements with Egypt in the latest round of contracts signed during the China-Africa Cooperation Forum in Beijing, according to Reuters\u2019 Arabic Service. CSCEC, which\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592081,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/phosphate-misr-inks-usd-842-mn-agreement-with-chinas-cscec-wengfu\/","url_meta":{"origin":666324,"position":3},"title":"Phosphate Misr inks USD 842 mn agreement with China\u2019s CSCEC, Wengfu","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"Phosphate Misr signed an agreement with a consortium of the Chinese State Construction Engineering Corporation (CSCEC) and China\u2019s Wengfu Group to set up a USD 842 mn phosphoric acid complex in Abu Tartoor, according to an Oil Ministry statement (pdf) The total cost of the project is estimated at USD\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601362,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/26\/cscec-lays-groundwork-for-tallest-building-in-africa\/","url_meta":{"origin":666324,"position":4},"title":"CSCEC lays groundwork for tallest building in Africa","author":"enterpriseam admin","date":"26 February 2019","format":false,"excerpt":"China State Construction Engineering Company (CSCEC) has begun laying the essential groundwork for the 385-m skyscraper set to be \u201cAfrica\u2019s tallest structure\u201d in the new administrative capital, according to a cabinet statement. The process will take three entire days to complete. The building is part of the new capital\u2019s 1.71\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559943,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/also-on-our-radar-on-9-february-2021\/","url_meta":{"origin":666324,"position":5},"title":"Also on our radar on 9 February 2021","author":"enterpriseam admin","date":"9 February 2021","format":false,"excerpt":"China State Construction Engineering Corporation (CSCEC) is building five skyscrapers in New Alamein under a contract signed yesterday with the New Urban Communities Authority (NUCA), according to a cabinet statement. NUCA will arrange financing for the buildings, which include a 250-meter 68-storey high-rise and four other, 200 meter-high tower blocks.\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/666324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=666324"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/666324\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/666314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/666325"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=666324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=666324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=666324"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=666324"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=666324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}