ICEC

Al Abd executes infrastructure projects in Egypt’s governorates

Egypt’s construction firm Al-Abd says it has carried out a bunch of infrastructure flagships in various governorates, at a cost exceeding 400 million Egyptian pounds ($22.3 million).

Al-Abd had been earlier mandated to implement these projects by a number of governmental entities, said its managing director Said Fattouh said on Thursday.

The company is currently executing a giant bundle of social housing projects in different governorates, in cooperation with Armed Forces Engineering Authority, Fattouh further said.

“We had signed contracts to establish new mega residential projects in favour of a number of real estate development firms in the local market,” he added.

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