Hassan Allam to deliver Egypt new capital’s utilities projects in June

Egypt’s construction firm Hassan Allam says it plans to deliver a bunch of mega utilities projects of 1 billion Egyptian pounds ($56 million) in the first phase of the country’s new capital within June 2019.

The state-owned company is currently in talks to won mandates to execute more utilities projects and buildings in the new capital, said its managing director for financial affairs Atef Barbary on Sunday.

“The negotiations are scheduled to be finished within the first quarter of 2019,” Barbary added.