Egypt’s Redcon mulls two residential projects in Côte d’Ivoire, Nairobi

Egyptian Redcon Construction is studying a plan to implement two residential projects in Côte d’Ivoire and Nairobi, its chairman Tarek El Gamal said on Thursday.

The two flagships come as part of Redcon’s plan to tap new markets and increase its business portfolio, El Gamal further told Amwal Al Ghad.

“The company has established a new division for overseas markets to study business opportunities abroad during the current period,” he said.

Africa has the highest growth rate in the world in terms of the amount of various projects offered, El Gamal said. Thus, it would be a great opportunity for Egyptian contracting companies to tap various African markets.