The Saudi Egyptian Construction Company (SECON): Real estate investments in Egypt
“Both our real estate and our tourism investments are very important for us. Egypt is an excellent location for both areas of investment.”
Middle-income apartments to drive real estate demand in Egypt
“The highest demand for the next five years will be for middle-income apartments. In previous years, there was a lot of demand for luxury apartments and there were not enough apartments available for the middle to low income population. I think that this will occur in Cairo particularly and I am also expecting to see growth in southern Egypt,” noted Eng. Darwish Ahmed Hassanin, CEO of Saudi Egyptian Construction Company (SECON).
Real estate sector in Egypt: 2014 evaluation
“Real estate investment represents a very important part of Egypt’s economic growth and we expect good growth for real estate for the following six months,” stated Eng. Darwish Ahmed Hassanin, CEO of Saudi Egyptian Construction Company (SECON).
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Agribusiness overview: Egypt’s agriculture is poised for growth
Egypt’s agriculture is composed mainly of two segments: the larger agribusiness operations growing produce on a large scale and the smaller traditional family farms that account for 80% of the cultivated land in the country.
The Saudi Egyptian Construction Company (SECON) to launch new real estate projects in Egypt in 2015
The main capital of SECON was recently increased by 243 million US dollars and an agreement was signed between the representatives of the two governments in the presence of the Egyptian Prime Minister Eng. Ibrahim Mahlab.
Farming in Egypt: Sourcing skilled workforce is a challenge according to KADCO
“Our target is to finish this project over the next five years. It will cover a total of about 25,000 acres, growing mostly wheat, corn, alfalfa and barley and a little bit more table grapes and dates,” reveals Daniel Leroux, CEO of KADCO Egypt.
Real estate investments in Egypt | The Saudi Egyptian Construction Company
“The Saudi Egyptian Construction Company was established in 1975 by the Saudi and the Egyptian governments. It is split equally by both parties. The company was established for real estate investment in Egypt. Since 1975, we have been making excellent investments and we have been producing different kinds of apartments with the required standards for Egyptians and for Arabs,” explains Engineer Darwish Ahmed Hassanin.
Top contracting company in Egypt for international projects: Global Consolidated Contractors
“Our biggest success was in Libya from 2007 to 2010, where GCC participated in infrastructure projects throughout the country. We are currently doing similar projects in Saudi Arabia, Iraq, and Egypt. Our main focus in Egypt is the Suez Canal project,” notes Mostafa Al Hassan, Chairman of Global Consolidated Contractors (GCC).
Leading beverage company in Egypt and its commitment to the country
Coca-Cola has been a player in Egypt for over 70 years and it has established itself as the leading beverage company in the country. “Our biggest project here in Egypt is our partnership with the Egyptian Food Bank and our pledge to develop the hundred poorest villages in Egypt. This project will take us all the way into 2020,” explains Omar Mandour, General Manager of Coca-Cola Egypt, Yemen, Libya and South Sudan.
Leading automotive company in MENA: Ghabbour Auto
“In spite of all the challenges posed by the Arab Spring period, we have maintained our growth and today we are a leading player in the MENA automotive region. Our headquarters are based in Egypt but we also operate in Iraq, Libya and Algeria,” says Osman Sever, Chief Business Development Officer of Ghabbour Auto.