Egyptian Moukhtar Ibrahim to deliver 4 new bridges worth $56.3 mln in 2017

Egyptian construction firm Societe Egyptienne D’entreprises (Moukhtar Ibrahim) is planning to deliver four new bridges as part of the country’s national road scheme next year.

The four new bridges are at cost of 500 million Egyptian pounds ($56.3 million).

Fayek al-Banna, chief executive of Moukhtar Ibrahim, told Amwal Al Ghad on Wednesday that his company implements two bridges in 30 June axis in Zagazig and another in Mansoura, with accomplishment rates exceeding 65 percent.

The new bridges are Moukhtar Ibrahim’s share in the new road projects assigned by the Egyptian government, al-Banna said.

Moukhtar Ibrahim’s turnovers of road works assigned by the state have reached 1.5 billion pounds, involving the new ring road project, he added.