In an interview with Abdel-Hakam, he noted that CONSTEC is preparing construction work in the New Administrative Capital. The company aims to achieve carrying out projects worth EGP 500m by the end of the current year—an increase of 92% compared to EGP 260m in 2016. In addition, there are compounds in Sheikh Zayed and 6th of October City that are being developed ‏for a real estate investment company worth EGP 95m, as well as a phosphate factory for a Chinese company in Ain Sokhna worth EGP 15m. What are the challenges that the construction sector faces? It is important to develop the work system of contracting companies and to adopt quality control mechanisms for the project.

Source: Daily News Egypt July 10, 2017 07:07 UTC