Egypt’s Arab Contractors has teamed up with China State Construction Engineering Corporation (CSCEC) to jointly bid for work in Egypt and the rest of Africa.
Egyptian prime minister Mostafa Madbouly said the deal supported a strategic partnership between the two countries.
Egypt’s housing minister Sherif El Sherbiny said the agreement resulted from his recent visit to China, adding the aim was to share resources to “implement megaprojects in Egypt and across Africa”.
State-owned CSCEC, the world’s biggest construction company, has become a major player in the Egyptian construction market in the last decade, with projects including the central business district of the New Administrative Capital and the 1 million-sq-m New Alamein resort city on the Mediterranean coast.
Elsewhere in Africa it is working on an urban quarter in Nairobi, Kenya, and the Doraleh Port Project in Djibouti, among other schemes.
For its part, Arab Contractors is also working on New Alamein, as well as the multi-billion-dollar Cairo Monorail.
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