< Arab Finance - News - El Saeed Contracting wins EGP 270M contract

Market is closed

EGX 30 11,654.58 0.48%

Count Down to relaunch



El Saeed Contracting wins EGP 270M contract

El Saeed Contracting wins EGP 270M contract

ArabFinance: El Saeed Contracting and Real Estate Investment Company has been awarded a contract worth EGP 270 million to build a water desalination station in Luxor, according to a January 14th disclosure.

The plant is expected to have a production capacity of 17,000 cubic meters per day, the statement noted.

El Saeed Contracting did not reveal further details about the timeframe of the development.

The Egyptian government has allocated EGP 2.86 billion to implement 174 different projects in Luxor during fiscal year 2020/2021.

El Saeed Contracting won another deal worth EGP 190 million last November to carry out a project in Qena.

#Related keywords

'

Recommended Stocks

11 Oct 2020
Tenth Of Ramadan Pharmaceutica... RMDA
Close
03.58
Change
-00.56
Buy

All rights reserved to Arab Finance 2020 ©

Back to top