One of the Largest Real Estate Projects in Egypt
Mohamed A. Abdulsalam, CEO of MENA Holding, talks about one of the largest real estate projects in Egypt.
imported 2024-03-17 17:43:06
Mohamed A. Abdulsalam, CEO of MENA Holding, talks about one of the largest real estate projects in Egypt.
The group has in total some 6 or 7 thousand employees. We have a yearly consolidated turnover from all of the group companies in the order of 3.5 to 4 billion riyals. Due to the nature of our equipment, we have a very significant fixed asset base because in our marine business we are running more than a hundred marine construction vessels.
Marcopolis.net has compiled the ranking of the top construction companies in Malaysia. View the latest list of the largest construction companies. The largest construction companies are UEM Group, YTL Corporation and IJM Coporation.
IHCC is a turnkey solutions provider that specializes in healthcare, education, and mixed-use projects,. IHCC shapes contemporary and sustainable communities through providing affordable and quality design and build turnkey solutions in healthcare, education and mixed-use projects. A turnkey solutions provider, IHCC’s services include everything from conception to completion including comprehensive feasibility studies, architectural design, MEP engineering, financing, construction, equipping, furnishing, staffing, as well as facilities management and renovation services.
Sultan Sobhi Batterjee, CEO of IHCC, discusses the current projects of IHCC.
“With the leadership of our Chairman and his vision, we have diversified our business line between construction, catering, facilities management, operation and maintenance, airport systems, and other lines of business that we already signed significant international partnerships on,” says Dr. Ahmed Sindi, General Manager of SATCO.
“A company like SATCO that has in excess of 3,000 employees both skilled and lesser skilled stands a great chance of delivering services on a different level… SATCO has actually proven on the ground that we can deliver the performance required by the highest standards,” says Dr. Ahmed Sindi, General Manager of SATCO.
“One of the government’s initiatives that SATCO is participating in is that SATCO has won a significant contract by the Ministry of Housing to build 778 villas in the northern region of Taima. It is a large project worth over 400 million Saudi riyals. SATCO so far has been one of the star contractors in terms of performance and delivery for such projects,” says Dr. Ahmed Sindi, General Manager of SATCO.
“Riyadh Tower was designed by a well-known English design company called Atkins. The project was scheduled to start in 2012 but we postponed it… we should start this project in 2015 or the beginning of 2016,” says Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate.
Marcopolis.net has ranked the largest public construction firms in Saudi Arabia. The construction sector will continue good growth on the backdrop of government spending. There are many other private family owned construction companies and marcopolis.net will attempt to rank them over here.