Egypt’s state-run construction firm Arab Contractors has recently completed 40 percent of its ongoing utilities system projects in the county’s new administrative capital city, chairman Mohsen Salah said Saturday.
The company is implementing utilities systems over 550 feddans in the new capital city, with total cost of one billion Egyptian pounds ($56.7 million), Salah noted.
Asked about AC’s more businesses in the new capital city, the Egyptian official further said his company targets finalising some infrastructure works there within 2018.
Salah stated that AC is assigned with executing a number of other utilities works for 78 housing buildings, with investments of 500 million pounds.
Also, Arab contractors is implementing additional utilities works at the ministerial district in the new capital city, he referred.