Arab Contractors: Ongoing works on Egypt new capital projects worth $315 mln

Egypt’s Arab Contractors is currently carrying out infrastructure and housing projects worth 2.8 million Egyptian pounds ($315 million) in the country’s anticipated new administrative capital, its chairman said Tuesday.

Salah added to Amwal Al Ghad that his company is assigned to implement the main water network of the first phase of the Egyptian capital city project which will be 1000mm wide.

Arab Contractors has also co-designed main roads in the new capital city in a six-month timeframe at a cost of 230 million pounds, Salah added.

The company is currently executing infrastructure works over 550 feddans in the residential neighborhood of the capital city including electricity, rainwater drains, and sanitation projects, he stated.

The company will also build 78 residential building as part of the first phase, the official added, asserting that the new administrative city is one of the largest project assigned to Arab Contractors in the current period with more than 3,000 workers and 250 pieces of equipment operating.