Redcon to deliver ABC bank’s new Egypt HQ building in Sept.

Egypt-based Redcon Construction Company says it is planning to deliver the Egyptian headquarters of Arab Banking Corporation (ABC) within September 2017.

The new 130,000-square metre headquarters is built in Fifth Settlement in Cairo, with a total cost worth more than 200 million Egyptian pounds ($11.2 million).

Kareem El-Shazly, Tendering Section Head at Redcon’s Civil Works Department, said Sunday his company will complete soon negotiations to execute a number of other housing and entertainment projects in New Cairo.

Redcon will sign new contracts to implement more flagships within next month, El-Shazly further added.