Egypt's Qalaa Holdings plans for two projects in Sudan

The two projects will be carried out in the gas and solar power fields

  
Engineer working on checking equipment in solar power plant. Image used for illustrative purpose.

Engineer working on checking equipment in solar power plant. Image used for illustrative purpose.

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Egypt - Qalaa Holdings (CCAP) and its subsidiary Taqa Arabia are considering the implementation of two projects in Sudan, according to a press release.

The two projects will be carried out in the gas and solar power fields.

This came on the sidelines of a visit by an Egyptian delegation headed by the chairman of Qalaa Holdings Ahmed Heikal and the executive chairman of Taqa Arabia Khalid Abu Bakr to Sudan to meet Sudan's Sovereign Council Chief General Abdel Fattah Al-Burhan.

Qalaa Holdings, formerly Citadel Capital, is an Egypt-based company engaged in private equity investment activities.

The company manages an investment portfolio that consists of 19 opportunity-specific funds and spans 14 industrial sectors such as energy, cement manufacturing, solid waste management, real estate, mining, agricultural, glass manufacturing, transportation, and metallurgy.

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