Egypt’s Arab Contractors says Chad volume of businesses worth €334 mln

Egypt-based construction firm, Arab Contractors’ volume of businesses in Chad is currently worth €344 million ($381.6 million).

Ties between Chad and Arab Contractors go back as far as 1999, the Egyptian company said in a statement Tuesday on the occasion of Chadian President Idriss Deby’s fifth inauguration.

The company’s most prominent works in Chad include the premises of the Chadian foreign ministry at cost of €69 million and of the central bank worth €22 million, in addition to some major road projects in the country.

Arab Contractors’ ongoing projects in Chad include Alexandria University’s Chadian branch, at cost of $29 million. The branch will encompass three buildings for Faculty of Veterinary Medicine, Faculty of Agriculture, and Faculty of Pharmacy.

Egyptian presidential adviser for national projects Ibrahim Mahlab and Mohsen Salah – Chairman of Arab Contractors – have participated Monday in the inauguration ceremony of Chadian President Idriss Deby.