Arab Contractors in ‘serious talks’ for new projects in Ethiopia

Egypt-based construction firm, Arab Contractors has started serious talks to implement new projects in Ethiopia, a senior source in the company told Amwal Al Ghad Wednesday.

The Egyptian company wants to expand its businesses in the African countries in the coming few years, the source added.

Since it started its businesses in Ethiopia in 2010, Arab Contractors has implemented a number of infrastructure, road, and bridge projects with total investments worth $111 million.

The Company’s volume of businesses in Africa exceeds $3 billion distributed as road and bridge, housing, and infrastructure projects.