Egyptian Contractors Federation Mulls Enlisting Arab Investors

Towards more flexible procedures to carry out projects in Egypt, contractors from the Arab world may gain memberships of the Egyptian Federation for Construction and Building Contractors (EFCBC).

According to EFCBC chairman Hassan Abdel Aziz, the federation is studying a proposal to grant Arab investors an active membership so as to enable them to implement upcoming construction projects in the North African country.

The federation has received many official requests from a number of major contractor companies in the Arab world applying for EFCBC’s membership, with the aim of expanding their volume of businesses in Egypt in the current phase, Abdel Aziz elaborated.

The Egyptian official further said EFCBC is keen to maximise the volume of joint businesses between Egyptian and Arab contractors.