Egyptian building large “Arab Contractors” has secured a brand new contract to undertake housing initiatives in Equatorial Guinea, as a part of the nation’s nationwide plan to construct 100,000 housing items. The settlement was reached throughout a gathering between Egyptian Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, and his Equatorial Guinean counterpart, Clemente Ferreiro Villarino, the Minister of State for Public Works and Urban Planning.
El-Sherbiny confirmed that the initiatives will probably be executed below the direct supervision of the Egyptian Ministry of Housing. “Arab Contractors possesses significant capabilities and has carried out a number of distinguished projects in Equatorial Guinea,” the minister stated. “We will place the agreed-upon projects under our direct supervision, and their execution phases will be visited and inspected, just as is currently done with the Tanzanian dam, which is being implemented by the Egyptian-Swedish consortium ‘Arab Contractors-Swedish Electric.’ We will visit it tomorrow.”
El-Sherbiny added that “Arab Contractors is working to expand its presence on the African continent to spread development and transfer expertise to our brothers in various countries where it operates.” The firm goals to implement the Egyptian authorities’s directives by contributing to infrastructure, housing, and different initiatives to excessive requirements, creating job alternatives for residents in these international locations, and dealing alongside their Egyptian counterparts, thereby strengthening relations between Egypt and African nations.
Ahmed El-Assar, Chairperson of Arab Contractors, said, “Arab Contractors is present in 29 countries outside Egypt. Equatorial Guinea, in the west of the continent, is one of the most prominent success stories for Arab Contractors in implementing various projects.” He added that the corporate’s initiatives have created a growing atmosphere, and achieved worldwide requirements with the imaginative and prescient of growth in Equatorial Guinea.
Arab Contractors – Equatorial Guinea Limited was established in 2003 as an Egyptian-Guinean partnership. Since its inception, the corporate has gained the belief of the political management and the Guinean authorities because of the high quality of its work and its dedication to deadlines. As a outcome, the corporate has been awarded three presidential medals from Equatorial Guinea in 2008, 2012, and 2015. Arab Contractors has turn into probably the most outstanding examples of the distinguished relationship between Egypt and Equatorial Guinea.
The firm’s complete work quantity since its institution as much as 2024 has reached roughly €1.5bn.
El-Assar identified that since its institution, the corporate has applied quite a few initiatives, together with:
- The Nguema – Copoe Road
- A street to succeed in the summit of Mount Pico, together with the development of a church and related lodging
- The building of 1,000 housing items in Fish Town, together with service buildings, roads, and drainage, water, and electrical energy networks
- The primary Sipopo Road
- A gathering corridor and a corniche overlooking the ocean, plus a helicopter touchdown pad
- The building of a ingesting water remedy plant in Malabo, together with provide and hearth extinguishing networks for the town
- The building of two arrival and departure halls at Malabo International Airport
- The building of the King Akaliong Road
- The improve of the Mitomo-Kojo Road
- The building of a camp within the Bata space
- The building of a sewage remedy plant in Malabo
- The Azok-Akasi Road (60km lengthy)
- The inner roads of the Simo space (Phase 1: 26km, Phase 2: 11.5km) in Malabo
- The building of 13 buildings within the camp in Malabo
- The building of a camp in Mongomo
- The city growth of 9 villages in Malabo and within the continental a part of the nation
- The implementation of a medium-voltage energy line
He confirmed that work is at the moment underway on initiatives in Malabo, together with the interior roads of the Simo space (Phase 2) with a size of 11.5 km, together with rainwater drainage. There are additionally ongoing initiatives to develop the final web site of the Riaba farm space (Phase 5), the final web site of the Alegri space (Phase 1), the development of fences with a size of 650 metres, and the operation and upkeep of the ingesting water remedy plant for the town of Malabo with a capability of 21,000 cubic metres per day.
In the continental area of Equatorial Guinea, Arab Contractors is implementing numerous initiatives, together with the development of the Azok-Akasi Road (60 km lengthy), the Imbini metropolis street and electrical energy challenge (11 km lengthy), the interior roads for the town of Kojo and the town of Kojo2 with a complete size of roughly 21 km, and the Andong-Bedu Road.
El-Assar affirmed that Arab Contractors continues to broaden its operations in Equatorial Guinea to attain the imaginative and prescient of sustainable growth in Equatorial Guinea and to strengthen bilateral relations within the discipline of building and growth.
————————————
The write of this article has shown professionality and total commitment to journalism.
(Source)