Egypt’s state-run construction firm Hassan Allam is carrying out a bridge project on the Nile in Qena governorate, at a cost exceeding 100 million Egyptian pounds ($5.6 million), said an official source on Sunday.
Speaking to Amwal Al Ghad, the source further added that this comes as part of the country’s national road flagships.
“The company is currently competing to implement a bundle of infrastructure projects in the local market among its scheme to increase the business volume,” he said.
During the last few months, the source referred that Hassan Allam was tasked with executing a number of new infrastructure works in Cairo and a bunch of other governorates, at costs approaching 850 million pounds.
“The company is carrying out residential buildings at the first phase of the new administrative capital,” the source stated, clarifying that the state’s Holding Company for Construction and Development (HCCD) has mandated these works to Hassan Allam.
“It is planned to start delivering these mandates in the new capital at the end of June 2018,” he noted.
Located some 40km to the east of Cairo, the under-construction new capital city is part of the government’s plan to expand urban areas to deal with the country’s rapid population growth and improve the nation’s infrastructure.
The city will be a 270-square-mile hub with 21 residential districts to accommodate five million people.
It will feature 1,250 mosques and churches, a 5,000-seat conference centre, nearly 2,000 schools and colleges, over 600 medical facilities and a park that is projected to be the world’s largest.