Egypt-headquartered construction and engineering giant Hassan Allam Holding (HAH) said on Monday that its subsidiaries, Hassan Allam Construction and the International Environmental Technologies Company (Intech), have obtained contracts for seven new wastewater projects in Egypt.

The new projects are located in several villages across Egypt, including Tahta in Sohag, Port Fouad in Port Said, Jazra in Giza, Damanhour in Beheira, Abu Kouraks in Minya, Lydia in Beheira, and Masged Mousa in Giza.

Mohamed El Dahshoury, CEO of Hassan Allam Construction said the seven new projects would collectively have a total output capacity of 170,000 cubic metres per day (m3/day) to serve more than one and a half million people.

"The group is also on track to deliver the water treatment plant in 6th of October City with a capacity of 400,000 m3/day and the wastewater treatment plant in the New Administrative Capital with a capacity of 250,000 m3/day," he said.

El Dahshoury said the company has signed an agreement with the Industrial Development Authority to establish the first phase of the infrastructure networks for the wastewater treatment plant in West Tahta in Sohag Governorate.

"We will build all the infrastructure, from sewage networks and the pumping station to the sewage treatment plant, to provide irrigation water. We will also build a purified water storage tank, a water pumping station, and a treated water storage tank in the industrial zone," he said, adding that the project is expected to be completed within 30 months.

Hazem Kamal Mostafa, Chairman of Intech said the group has the capability to design, manufacture, supply, and install infrastructure and implement all civil and electromechanical works.

Zawya Projects had reported last month that Hassan Allam Holding's orderbook stood at $5 billion.

(Writing by Syed Ameen Kader; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

Disclaimer: This article 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. Read our full disclaimer policy here.

© ZAWYA 2021