Lafarge Egypt, a member of LafargeHolcim International Group, signed consortium agreement with LMS Construction, to manage the supply & delivery of half a million cubic meters of ready-mix concrete in an unprecedented cooperation deal seen for the first time in Egypt’s Construction & building sector.
In this regard, Solomon Baumgartner Aviles, CEO of Lafarge Egypt, expressed his appreciation for this new alliance, saying: “Building on Lafarge Egypt’s thrive for excellence, innovation and sustainable development, we are pleased to ally with LMS Construction, to manage the supply & delivery of half a million cubic meters of concrete one of the biggest real estate developers and one of the most prestigious landmark projects in New Cairo.
He also added: “Both Lafarge Egypt and LMS Construction are currently discussing potential cooperation in other projects that would build on the common strategies of both companies to promote the sustainable development concept in Egypt’s Construction market.”
From his side, Amr Al-Kayal, Chief Operating Officer of LMS Construction, stressed that this great partnership is quite promising in supporting the execution of Egypt’s Urban development plan, as he commented, “Our partnership with Lafarge Egypt coincided with the beginning of the construction works at “One Ninety” project being one of the most iconic landmarks and real estate projects in New Cairo.
Our objective in “One Ninety” project is to offer a new concept in the residential, commercial and entertainment sectors within our community.
With the same uniqueness that we pursued to establish the One Ninety project, we have chosen Lafarge Egypt as our building materials expert supported by its long history, unmatched experiences in Mega projects, its commitment to sustainable construction globally and in Egypt. ”
Delegations from the two companies’ boards of directors attended the signing ceremony of this alliance, where the two parties agreed on common vision & will to exchange experiences & support Egypt’s Urban development plan. The agreement is expected to be active by early January 2021.
