Cairo - Hassan Allam Holding announces that a Consortium between “Hassan Allam Construction” and “MAB” of the United Arab Emirates and other global leaders from France, UK, and other countries in tourism promotion, cultural programming, and business management, marketing and quality control, has been awarded the contract to provide and operate services and facilities at the Grand Egyptian Museum (GEM) in cooperation with the Ministry of Tourism and Antiquities. Poised to be among the world’s leading cultural and touristic landmarks, the GEM highlights the Egyptian Government’s framework and commitment to support its tourism industry.  Hassan Allam Holding is proud to be selected as the partner of choice, helping deliver the country’s vision.

Hassan Allam, CEO of Hassan Allam Holding, said: “It is an unparalleled honor to have been selected to provide and operate services and facilities at what will be one of the most important museums in the world. Egypt’s rich history and attractions already offer visitors a diverse experience. The GEM builds on this, elevating Egypt to a commanding place on the global tourism map. We recognize the unique privilege that has been bestowed on us in playing such a central role in the Grand Egyptian Museum and are excited to start work towards the Government’s strategy of developing sustainable museums and attractions.

Being selected to provide and operate services and facilities at the GEM is a testament to our experience in implementing large and complex projects in Egypt and the region for 85 years and cements our position as a key partner in mega projects of strategic and national importance. Today, our partnership extends further as we work with global leaders from France, UK, and other countries in tourism promotion, cultural programming, and business management, marketing and quality control to ensure that the services and facilities provided at the Grand Egyptian Museum takes its rightful place among the world’s top global attractions.”

Hossam Allam, member of the Board of Hassan Allam Holding, said: “The opening of the Grand Egyptian Museum is one of the most anticipated cultural events, globally. The Egyptian Government’s decision to invite private sector participation in such a major project to provide the services and facilities underscores its willingness to test new ways of inviting investment into the tourism sector.”

The Grand Egyptian Museum is the world’s largest museum dedicated to a single civilization. The estate surrounding the museum will include entertainment, commercial, and dining areas showcasing selective Egyptian products and brands as well as education centers to host worldwide learners and educators.

About Hassan Allam Holding

Hassan Allam Holding is a leading Egyptian engineering and construction group whose primary operations include infrastructure, power, industrial, petrochemical and complex large-scale building projects in Egypt and the MENA region. The founders of Hassan Allam Holding commenced operations in 1936, making the oldest construction franchise in the MENA region with a solid reputation, superior technical capabilities, and a diversified portfolio. With a legacy of identifying and investing in attractive infrastructure projects, in the past five years, it has delivered over 70 projects and has a current backlog exceeding USD 5 billion. The group is named among the Engineering News-Record (ENR) list of the top 250 global contractors.

For more information, visit www.hassanallam.com

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.