EFCBC to Hold A Conference for Considering Problems Facing Contracting Companies

The Egyptian Federation for Construction and Building Contractors (EFCBC) will organize an emergency press conference this Monday’s evening to discuss the problems facing 20.000 companies harmed by item no.7 of the rules, which is concerned with specifying the prices set by the main committee formed according to Resolution No. 202 of 2008. This has incurred the companies heavy losses and rendered many of them bankrupt.

The conference will also highlight the procedures to be carried out in case that the board elections that will be held on the 30th of September came into a halt.

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