Egypt’s Moukhtar Ibrahim to deliver two infrastructure projects next year

Egyptian state-run construction firm Moukhtar Ibrahim is planning to deliver two infrastructure flagships in New Cairo and Sixth of October cities within the first quarter of 2019, a source in the firm said on Sunday.

The works will include implementing a number of road projects, at a cost of more than 700 million Egyptian pounds ($39.2 million), the source with knowledge told Amwal Al Ghad.

As for the first project, it is spanning over 380 feddans in New Cairo as part of a national social housing project in the country, he said, adding that the second project is located in Sixth of October City on a space of 800 feddans.

Moukhtar Ibrahim is currently preparing for carrying out a new road project in Cairo-Alexandria desert highway road, 220 km (136.7 miles) long, at a cost exceeding 250 million pounds, the source said.