PROJECTS: Egypt firm awarded two construction projects

PROJECTS: Egypt firm awarded two construction projects

PROJECTS: Egypt firm awarded two construction projects They will cost $3.6 million    Image used for illustrative purpose. Construction cranes are seen in Mountain View, California, May 8, 2018. An Egyptian company has won two projects for the construction of housing and commercial facilities with a combined value of around 57.3 million Egyptian pounds ($3.65 million), according to the firm.The Egyptian Company for Construction and Development said in a statement on Cairo Bourse that it was awarded the two contracts by MOT for Investment and Projects, an affiliate of the Egyptian Transport Ministry on a sharing basis.One project in the Northeastern town of Damietta has a value of 26 million pounds ($1.65 million) and involves the construction of houses, as well as administrative and commercial units, the company said, adding