Arab Contractors wins $180m in Algeria contracts

21 August 2014

Egyptian firm is awarded three major industrial zone projects

Egyptian construction firm Arab Contractors has won $180m in contracts in Algeria, according to Egyptian newspaper Amwal al-Ghad, which cites Ashraf Rateb, the director of Arab Contractors’s Africa division.

The projects relate to utilities and infrastructure works including water utilities according to Amwal al-Ghad.

The contracts form part of a government scheme to develop 42 industrial zones in the country and include the development of a 200-hectare industrial zone in the town of Ksar El-Bukhari.

Arab Contractors expects all of the three contracts to be delivered by the end of 2017.

The company is already working on a housing project in Algiers worth as much as $60m.

 

 

 

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