INFRASTRUCTURE-

US engineering firm Parsons clinches USD 52 mn contract for Doha road + infrastructure project: US-based engineering and construction company Parsons has secured a USD 52 mn six-year contract to provide consultancy services for a new road and infrastructure framework in the Qatari capital, Construction Business News reports. The contract econompasses conceptual, preliminary, and detailed design for roads and infrastructure projects in the city. “Frameworks like this will help improve access and decrease congestion — thereby decreasing transportation costs,” Parsons MEA President Pierre Santon said.

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  • Lagos-based Zenith Bank and AfCFTA have inked an MoU to establish a USD 1 mn smart trade portal to promote trade in Africa. (Nigerian Ports Authority)
  • Egypt will no longer import rolling stock by the end of 2024, as it looks to localize its transport sector, Egyptian Transport Minister Kamel El Wazir said. (Sada El Balad | watch, runtime: 1:25:17)
  • Algerian Trade and Export Promotion Minister Tayeb Zitouni met with his Ugandan counterpart to discuss boosting trade and economic ties . (Statement)
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