ICEC

Moukhtar Ibrahim utilising three social housing projects in Egypt

Egypt’s state-owned construction firm, Moukhtar Ibrahim says it is on track to carry out a number of utilities works of three social housing projects, at a cost of 500 million Egyptian pounds ($27 million).

The three projects are located in Sixth of October and Obour, and New Minya cities, the company’s chairman for financial and administrative affairs Mohamed Zaghloul said on Monday.

“The ongoing utilities works will include establishing a number of drinking water and sewage stations as well as irrigation systems and road projects,” Zaghloul further said.

Moukhtar Ibrahim is nearing to deliver the utilities works in Sixth of October City before the end of this year, he said, adding that the works in New Minya and Obour will be completely handed over within 2019.

“We are currently executing a giant bundle of infrastructure projects in a number of the new cities,” Zaghloul said.

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