Kuwait’s Al Kharafi affiliate completes 121 buildings in Egypt’s housing scheme

EMAC Contracting, affiliated to Kuwait’s Al Kharafi & Sons Group, completed the construction of 121 residential buildings with total cost of 300 million Egyptian pounds ($33.7million) among Egypt’s scheme tailored for low-income earner.

The company’s executive manager, Samir Fathy, told Amwal Al Ghad that the company’s share of the social housing scheme is distributed across various governorates. It has built 86 building spread over Sohag, Behiera, Gamasa, Borg Al-Arab, Abu Zaabal and Wadi El Natrun with total cost of 215 million pounds.

Furthermore, Emac has carried out 10 buildings in New Minya and 25 others in El-Ayat in Giza, with total cost of 30 million pounds and 55 million pounds respectively.

Moreover, EMAC is planning to expand in doubling its share in the social housing scheme in the coming years.