FCBC Considers Launch of Saudi-Egyptian Firm to Get Infrastructure Projects’ Competition

Egyptian Federation for Construction and Building Contractors (FCBC) is currently considering the launch of Saudi-Egyptian Contracting firm regarding the competition of getting infrastructure projects which will be offered by Saudi market within the current period.

Head of FCBC Hassan Abdel-Aziz asserted that the Federation received offers from Saudi Housing Ministry so as to establish giant contracting company including a numbers of specializing firms to compete in infrastructure projects.

Saudi market is one of the major foreign markets in business volume, and it has a financial liquidity besides paying dues on time, as the total number of offered business reached US$200 billion annually.