Hassan Allam captures 40 % of Egypt new capital’s infrastructure works

Egypt-based, Nasr General Contracting Co. – Hassan Allam, captured 40 percent of the total infrastructure works in the state new administrative capital securing 400 million Egyptian pounds ($45million) volume of business, its CEO Abdallah Khairy said Sunday.

Hassan Allam is leading a consortium of four leading construction company to carry out infrastructure works and connect networks to main utilities in the yet unnamed new administrative capital city.

Khairy said that his company has been assigned directly to carry out the infrastructure works of the new capital city phase I. It has also been appointed to distribute the total volume of the works on the construction companies in comparison with Holding company for construction and development.

The consortium includes four companies namely The Egyptian Contracting Co. Al-ABD, El- Nasr Building & Construction Company “EGYCO “, Misr Concrete Development Company, Societe Egyptienne D’entreprises- Mokhtar Ibrahim, and The Egyptian Contracting Co. Al-ABD.