Top Egyptian firm Arab Contractors (AC) is expected to launch its first United Arab Emirate construction project in the next few months the firm’s management has said.
In a statement from the company’s headquarters they have signed a contract with a UAE based firm to construct 50-storey residential and administrative towers in the UAE, a project which is estimated to cost about $32mn.
They added that the infrastructure for the developments is already underway and the buildings are scheduled to complete in early 2016.
The Egyptian firm Arab Contractors has many projects in Arab and African to its name including three new contracts to construct 4,500 homes in Algeria.
According to the Chairman of Arab Contractors Mohsen Salah their company seeks to ensure that all the construction projects they start are completed in time.
Currently the company is looking forward build three new cities in Algeria which are approximately expected to provide 4,500 housing units.
Construction of the cities is being carried out as a part of the Algerian government’s urban development scheme in conjunction with Arab contractors.
Arab Contractors is an award winning company having secured a medal of Merit in recognition of their efforts in the construction of two fast track tunnels, El-Orouba and El-Thawra tunnels, in Cairo.
