Egypt’s Hassan Allam contracts for 4 infrastructure flagships in governorates

Egypt’s state-owned construction firm Hassan Allam announces it has signed contracts to carry out four sanitation projects in number of governorates, at costs exceeding 270 million Egyptian pounds ($15.2 million).

A source with knowledge told Amwal Al Ghad on Monday that the four projects come as part of the company’s expansion scheme to implement more infrastructure flagships and increase its business volume in the local market.

“The fully-fledged utilities and sanitation projects are distributed in Cairo, Giza, Sharqia, and Kafr El Sheikh governorates,” the source further said.

In addition, he added that Hassan Allam is currently executing number of major utilities projects and housing units in the county’s new administrative capital.

“The company is carrying out the Ministry of Justice’s building at the ministerial district,” the source further stated, referring that the Hassan Allam expects that the building’s cost will worth more than one billion pounds.

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